Markets & Finance

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.

First Solar has entered into two separate tax credit transfer agreements to sell US$500 million and up to US$200 million of advanced manufacturing production tax credits to finance tech company Fiserv.

From the world’s largest project being commissioned to a possible downturn for solar manufacturers in 2024, and including the US Department of Treasure releasing guidance from the Inflation Reduction Act. Here, PV Tech runs down its top 10 stories of the past 12 months.