finance

MA Solar Italy, a subsidiary of McLaren, acquired FIMER for an undisclosed fee amid challenges for the inverter market.

Masdar acquired 70% of Terna Energy’s outstanding shares at €20 per share, valuing the company at an enterprise value of €3.2 billion.

SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.

Speakers at LSSCEE 2024 discussed key topics for the Eastern European solar sector, including storage, private investment and risk management.

Developers in Europe signed 29 power purchase agreement deals totalling 1,277MW in October, according to Swiss analyst, Pexapark.

FTC Solar will implement a reverse stock split later this week in order to meet the US$1 minimum stock price required to list on Nasdaq.

PV Talk: Despite the gloomy headlines emanating from the recent COP29 climate negotiations, Global Solar Council CEO Sonia Dunlop tells Tom Kenning how for solar PV the picture was brighter, with progress made on grids, storage and the cost of capital.

New Zealand solar PV and energy storage installer SolarZero, backed by private equity giant BlackRock, entered liquidation yesterday (26 November).

Structures such as CfDs could be a complement to the nascent PPA market in Eastern European solar, according to speakers at LSSCEE.

Getting projects to the 'ready-to-bank' stage is a key challenge for Eastern Europe’s energy transition, according to speakers at LSSCEE 2024.