Markets & Finance

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.

London-based renewable energy investor Cubico Sustainable Investments has acquired a portfolio of 12 solar and hybrid power projects in Mexico

Solar financiers need to be more dynamic and flexible, according to panellists at Solar Media’s Solar Finance & Investment Europe event.

Government support will be a key component of the Spanish solar sector, says panellists at the Solar Finance & Investment Europe event.