Markets & Finance

Solar developer Lightsource bp has signed a 15-year power purchase agreement (PPA) with energy trader América Energia for an under-construction PV plant in the Brazilian state of Ceará.

Installation and project development companies drove job creation in the US solar sector last year as the industry employed 255,037 workers, a 9.2% increase on 2020, a report has revealed.

Australian renewables developer Genex Power has received an unsolicited takeover offer from two investment firms.

South Africa's government has unveiled a raft of measures to bolster renewables deployment in the country as it responds to is energy crisis.

US thin-film solar manufacturer First Solar has signed a 500MW solar module supply agreement with French developer Akuo Solar.

Renewables developer Ørsted has entered into an agreement with German developer Ostwind to acquire 100% of its equity interest.

The European Investment Bank and Iberdrola have signed a €550 million green loan to boost solar PV and wind projects in Spain.

Module manufacturer and energy solutions company Hanwha Qcells has landed an agreement with Canadian Premium Sand (CPS) for the commercial offtake of patterned solar glass to support its US PV module production.

Portuguese oil and gas company Galp has acquired the 24.99% it did not already own in Titan, a solar joint venture it created with Spanish engineering company ACS Group in 2020.

Solar manufacturer Qcells has acquired a majority stake in German energy technology business Lynqtech.