Markets & Finance

A round-up of solar stories from the US this week, including President Joe Biden's decision to re-join the Paris Agreement, and Dominion Energy's purchase of a solar project backed by Facebook.

Lightsource BP has announced its largest European acquisition to date, purchasing a 1,060MW solar project portfolio in Spain from developer RIC Energy.

Solar energy leads global energy transition investments for 2020, rising by 12% to US$148.6 billion.

Shoals Technologies Group, an electrical balance of systems (BOS) solutions provider for solar and storage projects, has announced the launch of its Initial Public Offering (IPO).

Renewable energy fund manager Glennmont Partners has been acquired by global investment manager Nuveen.

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.