Financial & Legal

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.

Consisting of eight utility-scale PV projects, which will be located in the central and northern Italian regions of Lazio and Emilia Romagna.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

Trina Solar has published its results for the first half of 2024, which include module shipments of 34GW and total revenue of US$6.05 billion.