Solar wafer producer NexWafe has completed its Series C investment round, with proceeds earmarked for product and technology development on prototype lines in Germany.
Liam Stoker reflects on the opening day of Solar Finance & Investment Europe 2022, where investors and developers alike warned of looming inflation, power price volatility and project availability as Europe’s energy landscape enters a new paradigm.
Leading solar manufacturer LONGi is to add another 4GW of cell manufacturing capacity later this year, diverting funds previously earmarked for a separate cell production plant.
Renewables investor and developer Econergy has secured more than €200 million (US$227 million) through two joint ventures (JVs) to support the construction of part of its project pipeline in Eastern Europe.
Independent power producer (IPP) AMPYR Solar Europe (ASE) has closed a €400 million (US$455 million) loan facility with CarVal Investors that it will use to develop more than 2GW of solar PV across Europe by 2025.
Solar Philippines Nueva Ecija Corporation (SPNEC) is looking to raise capital from a stock rights offering (SRO) and private placements with institutional investors to support the development of 10GW of solar PV.
This year could be a tipping point for Europe’s green hydrogen sector, with a flurry of activity predicted if the necessary policy environment is achieved, according to research and consulting firm Delta-EE.
The State Bank of India (SBI) has partnered with Tata Power Solar Systems to establish a financing agency for commercial and residential solar projects up to 1MW.
Polysilicon producer Daqo New Energy is expecting a five-fold increase in net profit from its Xinjiang subsidiary as it continues to progress expansion plans.
