Having completed its entry into the electric vehicle (EV) sector, microinverter supplier Enphase Energy is now accelerating efforts to develop bi-directional charging to offer a package that benefits homeowners and its installer partners while easing pressure on the grid.
Indian independent power producer (IPP) ReNew Power has sold its 117MW rooftop solar portfolio as part of a strategy to heighten its focus on utility-scale PV.
Renewables owner and operator Brookfield Renewable has tripled its US development pipeline to 31GW through the US$650 million acquisition of clean power developer Urban Grid.
Innovative Solar Systems (ISS), a utility-scale solar developer with a 12GW pipeline, has put itself up for sale, as it seeks partners to support the company in its development of ever larger PV projects across the US.
Energy major Shell has acquired 100% of PV project developer Solar-Konzept Italia (SKI), taking its solar development pipeline in Italy to around 2GW in the process.
Spanish energy company Iberdrola has bet big on the UK market through the acquisition on 17 solar PV projects from Elgin Energy and Lightsource bp, taking the firm’s share of UK solar from 2% to 9% and making it one of the biggest players in the market.
German asset manager KGAL Investment Management has acquired a combined 50% stake in renewables developer GP Joule Projects, with the two companies intent on taking advantage of the “immense growth opportunities” of renewables across Europe, and in particular Germany.
