Altus Power is merging with a special purpose acquisition company (SPAC) in a transaction that values the commercial and industrial (C&I) solar and storage developer at US$1.58 billion.
BlackRock has secured more than US$250 million for a finance vehicle that will invest in renewables and energy storage projects in countries across Asia, Latin America and Africa.
Module manufacturer Q CELLS has signed a memorandum of understanding (MOU) with electronics giant Samsung to develop a ‘zero energy homes’ strategy for global markets.
Certification company Applus+ has completed its acquisition of Enertis, a Spain-based engineering, consulting and inspection services provider focused on the solar PV sector.
Private equity firm EQT has struck a deal to acquire US-based solar and storage developer Cypress Creek Renewables from investment firms HPS Investment Partners and Temasek.
A round-up of the latest news from the US PV sector, as commercial operations begin at a plant in the Nevada desert developed by Invenergy, and the Solar Energy Industries Association adds new companies to its board of directors.
Indian conglomerate Reliance Industries will construct an integrated PV module factory and look to enable more than 100GW of solar by 2030 as part of a US$10.1 billion clean energy plan.
The confidence of renewable energy investors and developers stands at an “all-time high”, a new report by the American Council on Renewable Energy (ACORE) claims, however investment must surge in the coming years if the US is to meet decarbonisation goals.
UK-based solar developer and O&M provider Anesco has been acquired by a joint venture between US private equity firm Ara Partners and Aksiom Services Group.
With South Africa faced with ongoing power cuts, Jules Scully explores the how solar PV can help decarbonise the country’s coal-heavy grid while providing energy security.
