finance

US solar tracker manufacturer Array Technologies has posted US$231 million in revenues and adjusted EBITDA of US$46.7 million in its Q3 2024 financial results.

Danish renewable energy investment firm Copenhagen Infrastructure Partners (CIP) has launched a new Australian subsidiary, with eyes to deliver 6GW of new solar PV and wind energy in the next 10-years.

The Indian states of Rajasthan and Gujarat need a “concerted effort” to maintain their central roles in the country’s energy transition, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

R.Power has issued green bonds worth (€122 million (US$130.6 million) to support the development of new solar and storage projects in Poland.

Primergy has secured US$225 million in project financing to support its “Valley of Fire” portfolio across Nevada, Arizona and Colorado.

Scatec has published its latest financial results, which include revenues of NOK2.97 billion (US$270 million) in the third quarter of 2024.

US residential solar installer Sunnova has published its financial results for Q3 2024, which include net losses of US$52.5 million.

Spanish private equity firm BRUC has invested €2.26billion (US$1.34 billion) to build solar PV projects in the Spanish autonomous community of Andalusia.

Figures in the Energy Technology Perspectives 2024 (ETP-24) report show the global market for renewables will triple over the next ten years.

The latest ‘PV ModuleTech Bankability Ratings Quarterly’ report reveals a Chinese sector on the verge of widespread company insolvencies.