US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.
Brazil has imported 17.5GW of solar modules in 2023, slightly down from the previous year, according to Brazilian PV research and consultancy firm Greener.
US distributed generation platform Aspen Power has secured US$241 million in three financing tranches to support construction of its future solar PV assets.
Infrastructure investment manager I Squared Capital has agreed to invest up to US$400 million in Brazilian distributed generation company Órigo Energia.
Southeast US utility Duke Energy has sold its distributed commercial generation portfolio – including solar PV developer REC Solar and all of its assets – to investment firm ArcLight Capital Partners. Financial details of the transaction were not disclosed.
Canadian-headquartered solar-plus-storage developer Watt Renewable Corporation has secured a US$13 million investment to deploy hybrid corporate & industrial (C&I) solar solutions across Nigeria.
The Interstate Renewable Energy Council (IREC) has published an updated model rules that aims to accelerate and facilitate the interconnection of distributed resources to the grid.
The state government of Maine passed a law on Monday limiting the scope of Net Energy Billing (NEB) after the scheme saw higher adoption than expected which had an inflationary effect on electricity prices
