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An Encavis solar project.

KKR acquires German IPP and renewable energy developer Encavis

November 26, 2024
Leading a consortium of investors via a holding company, Elbe BidCo, KKR acquired 87.41% of outstanding shares in Encavis at €17.50 per share.
Dr Konrad Wojnarowski, undersecretary of state at the Polish Ministry of Development Funds and Regional Policy, speaks at LSSCEE 2024.

Poland to integrate private finance and EU funding to meet solar deployment goals

November 26, 2024
Attracting private investments into Polish solar will be essential for Poland's solar goals, Dr Konrad Wojnarowski said at LSSCEE 2024.
sun energy indonesia

Indonesia eyes 75GW of renewable energy generation by 2040

November 26, 2024
Indonesia’s president, Prabowo Subianto, has established a 75GW renewable energy capacity target for the country at the G20 Summit in Brazil.
The Surallah solar plant in the Philippines, which is owned by ib vogt. Image: ib vogt

J&V Energy enters the Philippines utility-scale solar market with 180MW acquisition

November 22, 2024
Taiwan-headquartered developer J&V Energy has entered the utility-scale solar PV sector in the Philippines by acquiring a 180MW power plant in General Santos.
Adani Solar's booth at RE+ 2024 in Anaheim, California.

Gautam Adani charged in US with ‘massive’ US$250 million solar contract bribery scheme

November 21, 2024
Gautam Adani is accused of allegedly paying US$250 million in bribes to Indian officials to secure solar energy contracts.
Trump-in-2017-flickr-user-Michael-Vadon-768x512

Trump presidency ‘unlikely’ to derail energy transition – WoodMac

November 19, 2024
Wood Mackenzie director of energy transition practice, David Brown, said that a Trump administration 'will not change' demand for solar PV in the US in the 'near term'.
Image: National Renewable Solutions

NRS bags US$145 million for 140MW/50MW New Mexico solar-plus-storage site

November 19, 2024
Construction financing for the Shallow Basket Project in Rio Arriba County, New Mexico, came from Deutsche Bank.
A shortage of electrical components had a minor impact on the company’s sales in H1. Image: SMA Solar Technology.
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Inverter manufacturers facing ‘growing pains’ as industry big picture shifts

November 18, 2024
Cormac Gilligan of S&P Global said macro market forces have combined with technology shifts to impact the fortunes of inverter producers.
Image: Hawaiian Electric.

Australia reveals AU$125 million investment package for renewables in the Pacific

November 18, 2024
Australia has revealed an AU$125 million (US$80 million) investment package to support the rollout of renewable energy technologies across the Pacific region.
sma solar inverters in germany

SMA Solar to slash jobs amid ‘persistently challenging’ residential PV market

November 14, 2024
In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.

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