Markets & Finance

Canadian Solar has raised JPY22 billion (US$208 million) for its Japan Green Infrastructure Fund (JGIF), which will develop and accumulate solar projects in the Asian country.

Major PV inverter manufacturer SolarEdge Technologies reported year-on-year revenue growth of just 2.4% in 2020, compared to growth rates of over 50% per annum in recent years.

Newly-launched unit to benefit from quicker lead times for new products, plots European expansion

Lightsource BP has brought its Italian development pipeline up to 1.2GW with the purchase of a 78MW project in Sicily.

India’s renewables sector will need to garner investments of around US$500 billion in order to meet its target of 450GW of clean energy capacity by the end of the decade.

Appalachian Power has issued a Request for Proposals (RFPs) for up to 300MW of solar and/or wind power, in what is the first in a series the supplier is set to issue.

UK-headquarted Octopus Renewables has sold 173MW of Italian solar to utility A2A.

Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million transaction it says “heralds the transition to a new era” for the company.

Integrated PV module manufacturer REC Group has said its CEO of six years, Steve O’Neil, is to leave the company at the end of this month.

The International Solar Alliance (ISA) has announced the appointment of Ajay Mathur as its new director general following his election at a virtual assembly.