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.
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.
Corporate investment in solar projects reached US$10 billion in the second half of last year, recovering from economic shock induced by COVID-19, new research by Mercom has revealed.
A round-up of the latest news from the US PV sector, as BlackRock acquires Distributed Solar Development, Cypress Creek closes US$200m of financing and Vanderbilt University moves towards 100% renewables.
The acquisition of Solarcentury and its PV project pipeline represents a “big step up” for Statkraft as it looks to become one of the world’s leading renewable companies in the next five years, CEO Christian Rynning-Tønnesen has said.
Trina Solar has taken full control of Spanish tracker system manufacturer Nclave, acquiring the remaining 49% stake in the company it did not already own.
German renewables developer BayWa r.e. has bought US-based solar and energy storage solutions provider Enable Energy, taking its pipeline of solar and wind projects in the Americas to more than 5GW.
PV project developer and operator ReneSola Power is doubling down on efforts to expand its business in the US and Europe, targeting a total project pipeline of 1GW by the end of 2020.
