Financial & Legal

Rinnai Australia, owned by Japanese appliance manufacturer Rinnai Corporation, has expanded into the solar PV and energy storage space by acquiring Smart Energy Group.

The company filed two complaints in the Munich and Hamburg local divisions of the UPC, regarding tunnel oxide passivated contact (TOPCon) solar cell patent infringements.

Signed through a 20-year PPA with Bangladesh Power Development Board (BPDP), a state-owned company, the electricity generated from the plant will be sold at a fixed price of US$0.1094/kWh.

Orlen Wind 3 has acquired a solar portfolio in Poland, where expansion work is currently underway to expand the capacity to 280MW.

This is the second acquisition in a little bit over a month for Nextracker after the acquisition of US-based solar foundation company Ojjo.

US independent power producer (IPP) BrightNight has secured a US$440 million investment from Goldman Sachs.

Quinbrook has closed financing for its Net Zero Power Fund (NZPF), with US$3 billion of new capital commitments.

Competitive deal processes are rising in the US tax credit transfer market for clean energy technologies, according to Crux.

Wacker Polysilicon generated €232 million in sales from April through June 2024, down from €513 million in the same period 2023.

Encavis has secured €145 million in financing to complete the construction of the 260MW Bartow solar park in Germany.