Markets & Finance

Midsummer has appointed former executive vice president Eric Jaremalm to the position of CEO, following the resignation of Sven Lindström.

LevelTen Energy has reported an increase in the value of solar PPAs signed in North America, and a slight decrease for those signed in Europe.

"Compliance requirements and regulations are a specific set of information that most of the developers don’t want to go and build that expertise internally.”

Altus Power has acquired an 84MW portfolio of commercial-scale projects from global firm Vitol, in a deal valued at US$118 million.

An increase in shipping times and freight rates due to violence in the Red Sea could carry implications for renewable energy and solar products heading to Europe and the US.

Making new investments into grid infrastructure could be a method of reducing the impact of price cannibalisation on the European energy grid.

US solar tracker manufacturer Nextracker has seen high deliveries in its US business with a 70% year-on-year increase in the third quarter of its fiscal year 2024, driving 38% quarterly revenue growth.

Community solar developer Reactivate has partnered with US retailer Walmart and US Bancorp Impact Finance, a subsidiary of financing entity US Bank, to develop solar projects in Illinois and New York, US.

US solar developer Vesper Energy has closed US$590 million in financing for its 600MW Hornet solar project in Swisher County, Texas.

French renewables company Voltalia has seen a significant increase in its installed capacity, reaching a total of 2.37GW in 2023, up from 1.57GW in 2022.