Markets & Finance

US solar racking manufacturer Unirac has secured a recapitalisation investment led by private equity firm Greenbelt Capital Partners.

Solar Energy Industries Association (SEIA) has slammed a proposed rule change that would see solar PV projects in the US categorised as high risk structures, pushing up development costs and dampening the positive impact of the Inflation Reduction Act (IRA).

Solar project developer Eco Energy World (EEW) plans to list on Nasdaq via a business combination agreement with special purpose acquisition company ClimateRock.

Maxeon Solar Technologies has shut down a PV module manufacturing plant in France, citing a challenging price environment.

India’s residential rooftop solar capacity is set to increase 60% by the end of fiscal year 2023, according to a report by the IEEFA and JMK Research.

Renewable Energy Target auction held in Victoria, Australia, won by six solar PV projects, four of which include battery storage.

Voltalia has signed a corporate power purchase agreement with mining company Richard Bay Minerals, subsidiary of Rio Tinto, in South Africa.

Portuguese utility EDP Renewables (EDPR) has completed the acquisition of a 70% stake in German solar developer Kronos Solar Projects.

The US Department of the Treasury and the Internal Revenue Service (IRS) have requested stakeholder input on the climate and clean energy tax incentives included in the country’s Inflation Reduction Act (IRA).