capital raise

Chinese solar manufacturer GCL System Integration (GCL SI) has received approval from the Shenzhen Stock Exchange Listing Review Center to raise up to RMB4.8 billion (US$673 million).

French independent power producer Girasole Energies has raised €96 million (US$103 million) to support and accelerate its growth in France.

French renewables company Voltalia has successfully raised US$516 million through a capital increase that will help build its new production capacity by 2027.

Estonian independent power producer Sunly has raised €200 million to build and expand its renewables portfolio in the Baltics and Poland.

Spanish developer Grenergy has launched a €90 million (US$94.8 million) accelerated capital increase to fuel growth in Europe and develop its energy storage capacity.

Solar asset insurer kWh Analytics has raised US$20 million for business expansion and developing additional solutions to support solar and storage asset owners.

US independent power producer Silicon Ranch Corporation has closed an investment round that attracted US$225 million in new equity capital.

Germany's RWE has raised around €2 billion to accelerate its standing in renewable energy.

Firm says green energy ‘mission’ will steer actions at time of COVID-19 uncertainty, as shareholders back US$500m raise to fund US$1.8bn plan to deploy solar and wind in Chile and Colombia.