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Financial & Legal

NextEra Energy's Sunshine Gateway solar project in Florida. Credit: NextEra Energy

NextEra net income up 8.7% in Q1 2024, subsidiaries’ performances vary

April 23, 2024
US renewables developer NextEra Energy has posted an improved financial results for the first quarter of 2024, with net income increasing by 8.7%.
El Rocio solar plant in Spain

Matrix Renewables secures €179 million financing to build 239MW of Spanish PV

April 23, 2024
Spanish developer Matrix Renewables has secured €179 million (US$191 million) in financing for a 239MW Spanish solar PV portfolio.
Image: Maxeon

Maxeon sues Hanwha QCells over alleged US TOPCon cell patent infringement

April 22, 2024
Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against Korean-owned PV manufacturer Hanwha Qcells.
Image: Meyer Burger.

IEA PVPS report: Low module prices keep solar competitive as overcapacity persists

April 22, 2024
Low solar module prices kept solar PV competitive in the energy market in 2023 despite generally falling electricity prices.
Maxeon’s module production plant in Mexico. Image: Maxeon Solar Technologies.

Maxeon sues REC Solar over US TOPCon cell patent infringement

April 19, 2024
Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against module manufacturer REC Solar Holdings.
Trina Solar and PetroGreen sign trade deal

Trina Solar to provide 117MW of Vertex modules to PetroGreen for use in the Philippines

April 19, 2024
Trina Solar has signed a master sales agreement with PetroGreen to provide 117MW of modules to the latter’s projects in the Philippines.
Solar PV plant

Woodmac: Renewables firms’ higher gearing level more exposed to increased interest rates

April 19, 2024
The monetary environment over the next couple of decades is expected to remain much tighter than the "zero era" between 2009 and 2022.
Image: Stellantis/360Energy

Stellantis buys US$100 million stake in Argentinian 360Energy Solar

April 19, 2024
Automotive manufacturer Stellantis has acquired a minority stake in Argentinian renewable energy company 360Energy Solar.
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EIB loans €150 million for Bhutan solar and hydro projects

April 19, 2024
The European Investment Bank (EIB) has signed a €150 million (US$159 million) loan to support the development of solar PV and hydropower plants in Bhutan.
Engie's 230MW Bernard Creek Solar Project in Texas. Image: Engie North America

Corporate solar financing hits US$8 billion in Q1 2024 – Mercom Capital

April 19, 2024
Corporate financing in the solar sector reached US$8.1 billion in the first quarter of 2023, according to energy analyst Mercom Capital.

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