Markets & Finance

SunPower also entered into an asset purchase agreement with residential solar company Complete Solaria to serve as the stalking horse buyer.

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.

As of Q1 2024, Antai Solar's global shipments had exceeded 33.2GW, with subsidiaries already established in countries.

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

Verbund has acquired a 110MV solar portfolio in Lazio, central Italy, from Ke-Reninvestment, a subsidiary of Turkish investor Kinesis Enerji.

ARENA has committed over AUS$3.2 million in funding to PV Lighthouse and Built Robotics Australia to help develop ultra-low-cost solar.