Markets & Finance

US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.

US utility Duke Energy has completed the sale of its utility-scale renewables arm to renewables asset owner Brookfield Renewable.

Voltalia has published its financial results for the third quarter of this year, which include a turnover of €126.2 million.

US residential solar installer Sunnova's new customer addition slightly dropped to over 37,000 in the third quarter this year, while its net loss in the same quarter increased to US$56.5 million year-on-year.

Trina Solar has signed an agreement with the MPower Group to supply modules and trackers for the latter’s 200MW solar portfolio in Australia.

PV Tech Premium caught up with the French solar PV manufacturing startup Carbon to discuss its plans for expansion, inclusion in a European research and development (R&D) ecosystem and how to redress the balance of EU solar supply.

Spanish utility Iberdrola has added 500MW of solar PV in the third quarter of 2023, most of which in Spain.

Multiple European solar associations have published an open letter, calling for the EU to develop industry strategy for the European solar PV sector and opposing the introduction of tariffs and trade barriers.

Nextracker has published its financial results for the third quarter of the year, headlined by revenue of US$573 million.

Colorado-based mini-grid specialist Husk Power has secured more than US$100 million in equity and debt funding aimed to grow its community solar mini-grids in rural sub-Saharan Africa and South Asia.