Markets & Finance

Avangrid has cancelled a proposed merger with US utility PNM following two years of delays in the approval process.

Renewables investment firm Copenhagen Infrastructure Partners (CIP) has acquired an 850MW solar PV portfolio from Spanish developer Soltec in Denmark.

US utility American Electric Power (AEP) has signed an agreement to sell its 625MW of solar PV assets in the state of New Mexico to investment firm Exus Asset Holdings.

US-based independent power producer Altus Power has secured US$100 million to fund its expansion plans.

Nextracker has finalised its split from Singapore-headquartered electronics firm Flex after eight years of Flex ownership.

The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.

The Q4 2023 edition of our downstream solar PV journal, PV Tech Power, is now available to download, leading with a focus on solar PV's resilience against extreme weather.

Germany added around 14GW of solar capacity in 2023, with the residential segment accounting for about half of the new additions.

Globeleq has finalised its acquisition of a 75% stake in the 41MW Central Solar de Mocuba solar project in Mozambique from Scatec KLP.

The Emeren Group has purchased a development portfolio of solar projects in Spain from Negratin Global Services.