Financial & Legal

Solar tracker manufacturer Nextracker has expanded its portfolio of products with the acquisition of US-based electrical infrastructure manufacturer Bentek Corporation for US$78 million.

Solar manufacturer Canadian Solar recorded a slight increase in module shipments and endured losses in Q1 amid 'geopolitical complexities.'

Silfab Solar has raised US$110 million through the sale of Section 45X Advanced Manufacturing Production Tax Credits (PTCs).

Industry experts reflected on greater complexity, standardisation and cybersecurity concerns at this year's Intersolar Europe event.

The average value of a solar PPA signed in Europe in the first quarter of 2025 was just 1.3% higher than in the previous quarter, according to LevelTen.

The African Development Bank (AfDB) has approved financing for a 62MW PV plant in Togo, while Zambia began construction on a 100MW solar-plus-storage project.

Affiliated Managers Group has bought a minority stake in Qualitas Energy.

This year’s Renewables Procurement & Revenue Summit (RPR Europe) will bring together more than 300 renewable energy and finance leaders.

Continued “weak demand” from the commercial and industrial (C&I) and residential segments has negatively impacted SMA Solar’s sales and income in the first quarter of 2025.

The attachment rate of energy storage with a solar array has reached 69% in the first quarter of 2025 for US residential installer Sunrun, while the company expects the tariff outlook to be manageable.