Small-scale solar specialist CleanCapital has secured a US$300 million investment from Manulife Investment Management to help grow its asset portfolio.
US independent power producer Catalyze has expanded its project pipeline to more than 2GW through the acquisition of commercial and industrial (C&I) solar developer PermaCity.
Indian solar power producer Azure Power has sold its rooftop solar business to Radiance Renewables as the company aims to focus more on projects with higher returns.
Australian utility AGL Energy has secured deals to acquire two commercial and industrial (C&I) solar companies, Solgen Energy Group and Epho, as it looks to strengthen its existing PV capabilities.
Indian solar firm Fourth Partner Energy has created a joint venture (JV) with coal producer Indika Energy to develop commercial and industrial (C&I) PV projects in Indonesia.
US solar company Distributed Solar Development (DSD) has secured construction finance worth US$150 million from Rabobank to support its commercial and industrial (C&I) development pipeline.
French oil major Total and industrial conglomerate Zahid Group have established a joint venture (JV) focused on distributed solar generation for Saudi Arabia’s commercial and industrial (C&I) sector.
EDP will focus on North America to ramp up its solar capacity in the next five years as part of a new strategic update that will see the Portuguese utility target more than 50GW of renewables additions by 2030.
