deals

Igneo has acquired a majority equity interest in Soltage, an independent power producer headquartered in the US state of New Jersey.

Frontier Energy has signed a letter of intent to acquire Waroona Energy to create a new renewable power firm with a solar portfolio of 355MW.

Sungrow has sold 15GW of inverters to companies in Latin America, following the signing of deals at Intersolar South America last month.

This week, Microsoft, Clearloop, Greenbacker and SolarBank have made notable investments into small-scale and community solar projects.

State-owned UAE renewable energy company Masdar has signed an agreement with Ethiopia to build 500MW of new solar capacity in the country.

GCL System Integration has agreed to supply 1.1GW of n-type solar modules to Indian renewables firm SAEL Industries.

ReNew Power has acquired a number of solar panel cleaning machines from Airtouch, in a deal valued at around US$8.5 million.

Leeward and Nextracker have signed a deal to deliver 3GW of the latter’s trackers to the former’s under-construction solar projects.

Cero Generation has purchased Univergy Solar’s 50% stake in Nara Solar, taking full ownership of the Spanish solar developer.

Greenvolt Power has sold two renewable power projects to Polish electric utility Energa Wytwarzanie, with a total solar capacity of 32MW.