Markets & Finance

UAE utility claims a world first in supplying one of the world's largest aluminium producers with solar power.

Norwegian investment company Aker Horizons has acquired a 75% interest in Mainstream Renewable Power, valuing the solar and wind project developer at €1 billion.

Renewables developers to develop clean hydrogen for the UAE capital's aviation, shipping and transport sectors.

EDP Renewables (EDPR) has acquired an 85% stake in C2 Omega, the distributed solar platform of renewables investor C2 Energy Capital.

‘Solar Module Super League’ (SMSL) member LONGi Group is planning to build a new 15GW monocrystalline solar cell plant in Jinghe New City, Xixian New District, Shaanxi Province, China to become operational in 2022.

The subsidiary of German solar and wind operator raised €450 million (US$543.2 million) from 50 institutional investors.

Spanish utility Naturgy has made its debut in the US' renewables sector through the US$57 million acquisition of solar and storage developer Hamel Renewables.

Danish developer raises EBITDA forecast for 2020 and predicts €50 million (US$60.3 million) in pre-tax profits by year-end.

Total has agreed to buy a 20% stake in Indian PV developer Adani Green Energy, as the French oil and gas major ramps up efforts to reach its global clean energy targets.

China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings has reported a 37% increase in total revenue for 2020.