finance

Mini-grids are expected to play a crucial role in achieving complete electrification in Sub-Saharan Africa.

The sites are expected to generate over 120MW of solar power, Nexamp said, across the states of Maine, Massachusetts, New York, Illinois and Minnesota.

The successful projects of the first CIS tender round in Australia have been revealed, with 2.75GW of solar PV being awarded.

Swiss solar manufacturer Meyer Burger has secured US$39.48 million to support its restructuring operations and “stabilise” its business.

The company recorded losses of US$179.1 million in Q3, with revenues of US$88.5 million, in a continually difficult year.

US$14 million net losses for the quarter compared with net income of US$4 million in Q2 2024 and US$22 million in Q3 2023.

The European Commission has launched a €3.4 billion call to support the development of “innovative decarbonisation technologies in Europe".

TotalEnergies has sold a 50% stake in a 2GW US solar and energy storage portfolio and acquired German renewable energy developer VSB Group.

SolarEdge interim CEO Ronen Faier has spoken about the closure of the company’s utility-scale battery storage manufacturing business.

Australia’s Global Power Generation (GPG) has secured an AU$2.3 billion (US$1.49 billion) financing facility to support the development of its 1.8GW renewable energy and storage portfolio.