corporate

Online retail giant launches solar and wind projects in France, South Africa, Italy and Germany for the first time, bringing its total renewable capacity to 6.5GW.

LevelTen Energy is conducting a search for up to 500MW of renewable power in Europe on behalf of an unnamed corporate client.

The LEGO holding company and investment fund KIRKBI has acquired the US arm of solar developer Enerparc.

A trucking terminal in Ohio, US, will play host to a microgrid that incorporates around half a megawatt of wind and solar generation combined with battery energy storage from distributed energy technology company EnSync.

Australian telecommunications company Telstra announced has signed off on a contract with energy company RES to buy all of the power generated by a 70MW PV project set to be built near Emerald, Queensland.

US electronic commerce giant Amazon has become the largest corporate backer of solar east of the Mississippi River with the launch of five new solar PV projects in Virginia totalling 180MW.

Total corporate funding in Q2 2016 was at its lowest level in three years, as “the solar industry continues to experience weakness,” according to Mercom Capital Group’s latest report and Raj Prabhu, CEO and co-founder of the Austin Texas-based market intelligence group.

GE is hoping that with its ‘all-in-one’ integrated service offering, its new commercial energy management venture can also help put some momentum into US commercial-scale solar.