A subsidiary of Indian conglomerate Reliance Industries has acquired solar module manufacturer REC Group and a 40% stake in EPC and O&M solutions provider Sterling and Wilson.
Private equity firm American Securities has secured a deal to acquire US solar engineering, procurement and construction (EPC) provider Swinerton Renewable Energy and its operations and maintenance (O&M) subsidiary SOLV from Swinerton Incorporated.
Solar construction firm iSun expects to double its revenue in 2021 compared to last year despite supply chain delays and labour shortages impacting its Q2 performance.
Solar developer Pacifico Energy has started building work on a 121MWdc solar project on the site of a former golf course in Japan, with juwi Shizen Energy hired as engineering, procurement and construction (EPC) contractor.
Winning bidders from Portugal’s 2019 solar auction have been given more time to complete project licensing, the country’s environment ministry has confirmed to PV Tech.
A round-up of the latest project news, as Mytilineos is chosen as EPC for a project in Uzbekistan, Clenergy forms a deal with the local Kongtong government for 150MW and CleanCapital teams up with CI Renewables for a 29MW portfolio.
Oslo headquartered renewable power producer Scatec has announced a new partnership with ACME to develop a 900MW solar power plant in the state of Rajasthan, India.
Solar contractor iSun’s pre-tax earnings fell further at the start of 2021 compared to the same period last year, while its gross margin took a hit due to project delays brought on by COVID-19.
