Markets & Finance

Canadian asset owner Brookfield has acquired a majority stake in Indian clean power company Leap Green Energy in a US$200 million equity investment.

China started conducting a trade and investment barrier investigation on the measures used in the EU’s Foreign Subsidies Regulation (FAR).

China is building two-thirds of new solar and wind projects globally as it is building 180GW of utility-scale of solar generation capacity.

The Pomerantz Law Firm has brought a class action lawsuit against Singapore-headquartered solar manufacturer Maxeon Solar Technologies concerning whether “Maxeon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.”

Dimension Renewable Energy has announced a new name and a plan to operate 500MW community solar projects by the end of next year.

German renewables company BayWa r.e has sold a 95MW solar PV plant in Spain to independent power producer Encavis Asset Management.

Three Chinese solar manufacturers - LONGi, Tongwei, and Aiko Solar - have reported losses in the first half of the year due to increased competition.

Europe imported around 33GW of solar PV modules from China in the first four months of 2024, representing 43% of total Chinese module exports, according to US energy analyst Clean Energy Associates (CEA).

Simon Yuen takes a close look at Soltec’s floating solar tracker, which the company says is based on naval design principles.

The PPA will allow GKN Automotive to source power from Recurrent Energy's Rey I solar PV project located in Seville, Spain.