Markets & Finance

Global energy management firm Schneider Electric has acquired US clean energy product provider Renewable Choice Energy in a deal announced on Wednesday.

Abu Dhabi-based renewables firm Masdar has selected the International Finance Corporation (IFC) to oversee funding of Jordan’s largest solar plant, standing at 200MW.

Washington-based environmental organisation the Sierra Club is taking Florida Power & Light to court over a US$811 million rate hike over the next four years that “bilks millions of customers and further locks the Sunshine State into an over reliance on financially risky, climate-disrupting gas,” the group said.

Southern Company-owned Gulf Power has teamed with Coronal Energy, powered by Panasonic, to develop a 120MW PV portfolio at military bases in Florida.

The Western Downs Regional Council announced Wednesday that it has approved the largest solar project in the Australian region to date.

Renewable energy management platform QOS Energy has raised €3 million from two independent equity investors.

A new Senate Bill submitted to the Wyoming legislature last week bars utilities from providing any electricity to the state that is derived from large-scale wind or solar projects by 2019.

Dispatches from the 2nd India Rooftop Solar Congress in New Delhi including Tata, ReNew, MNRE, MYSUN and Crisil.

Developer and asset manager Longroad Energy Holdings has acquired a 3GW US-based solar development portfolio from Austin-based renewables firm 7X Energy.

SPONSORED: Electrical contact manufacturer Multi-Contact is to re-brand as Stäubli Electrical Connectors effective immediately.