finance

Major inverter manufacturer SMA Solar Technology has reported preliminary full-year 2020 financial results which met the low end of guidance but also reported a slight decline in fourth quarter sales coupled to plummeting gross margins.

Shorter power purchase agreements (PPA) could become more commonplace in Europe’s solar sector as developers strive to bring on more offtakers.

Eden Renewables secures US$165 million to finance a 450MWp solar project in India.

Corporations bought 18% more clean energy last year compared with 2019, according to new research, with tech giant Amazon and oil and gas group Total leading the global energy transition.

Senior debt financing has been secured for the 116MWp Coara Marang solar farm being developed by Germany-headquartered ib vogt and Malaysian solar firm Coara Solar.

Akon Lighting America's investment fund partners with North Carolina solar installer to convert coal plants into solar farms.

Solar energy leads global energy transition investments for 2020, rising by 12% to US$148.6 billion.

Shoals Technologies Group, an electrical balance of systems (BOS) solutions provider for solar and storage projects, has announced the launch of its Initial Public Offering (IPO).

Norwegian investment company Aker Horizons has acquired a 75% interest in Mainstream Renewable Power, valuing the solar and wind project developer at €1 billion.

German asset manager Luxcara has signed an investment agreement with Danish solar developer BeGreen for four PV parks.