finance

US-based solar PV manufacturer SEG Solar has closed the acquisition of a 2GW PV module plant in Houston, Texas.

US independent power producer (IPP) Navisun has secured financing of up to US$235 million through two debt facilities, which it says will contribute to its growth strategy and executing its project pipeline.

Greek utility Public Power Corporation S.A (PPC) has signed a deal to purchase the entirety of Enel Group’s Romanian equity and assets.

Renewable energy investor Copenhagen Infrastructure Partners (CIP) has acquired the majority share in Mulilo Energy Holdings, a South African independent power producer (IPP),

US PV manufacturer Silfab has closed a US$125 million investment led by ARC Financial Corp to fund a 1GW solar cell manufacturing facility in the US.

Inverter supplier SMA Solar Technology has published provisional financial results for 2022 which show significant improvements in EBITDA and net income compared with 2021.

Q4 2022 saw a marked uptick in renewable energy investment in Australia, and a 17% total bump in year-on-year investment was recorded compared with 2021. Despite this, more is needed to reach the country’s Renewable Energy Targets according to the Australian Clean Energy Council.  

Spanish PV developer Enerside has entered into a joint venture (JV) with Alternative Green Energy Italy Holco 2 (AGE) to support 2.6GW of solar PV projects in Italy.

German utility RWE has completed its acquisition of Con Edison Clean Energy, expanding its US portfolio of solar PV and wind projects to 8GW.

Saudi energy provider ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan to be financed by the country’s Ministry of Investment, Industry and Trade.