Financial & Legal

Sonnedix has acquired an 80MW solar PV plant in Sicily, Italy, from Blunova, which is part of a wider agreement to acquire a 250MW portfolio.

According to Alight, the portfolio facility is thought to be the first of its kind in the Nordics, with the first three projects already financed.

LONGi has released its performance report for H1 2024, which includes the shipment of close to 80GW of cells, wafers and modules.

EDF Renewables, the Korea Western Power Company (KOWEPO) and Masdar have reached financial close for the 1.5GW Al Ajban solar project.

Monarch Private Capital and Invenergy have closed US$170 million in financing for the second phase of its Samson Solar Energy Center.

The winning bid from SunPower assets are the Blue Raven Solar business, New Homes business and non-installing Dealer network.

Aggreko Energy Transition Solutions has closed US$66 million in loan financing to develop 88.5MW of distributed solar capacity in the US.

Tigo Energy has filed a lawsuit against the Zhejiang Benyi New Energy Company, for allegedly infringing on a rapid shutdown technology patent.

US-based inverter producer Enphase Energy has released a product that it claims can increase access to solar for legacy net energy metering (NEM) customers in California.

The Brazilian Development Bank (BNDES) has raised R$1.14 billion (US$200 million) to support the development of 402MW of new solar capacity.