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Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion

Azure Power overcame module procurement challenges to end its third quarter with 1,987MW of operational solar capacity, a 10% increase year-on-year.

Scatec said it underwent a “transformational” year in 2020, with its total renewables pipeline now standing at a record high of 10.5GW.

Independent power producer (IPP) Sonnedix has continued its solar ramp-up in Chile with the acquisition of a 150MWp PV project from local developer RTB Energy.

Sonnedix has acquired a Chilean solar project currently under development that will become the independent power producer’s third-largest PV plant when operational.

Independent power producer Sonnedix will ramp up investment in Europe through a new partnership with a fund managed by French asset manager Amundi.

AES Corporation is to merge its US-facing clean energy development business with independent power producer sPower, creating a platform with a 12GW project pipeline in the country.

Scatec Solar has raised more than US$500 million in a private placement just days after it announced the US$1 billion acquisition of hydropower firm SN Power.

Risen Energy has landed a 1.5GW bifacial module supply deal with an unnamed, yet “well-known” independent power producer.

Azure Power’s project commissioning activity ground to a halt in the three months ended 30 June 2020, as the impacts of COVID-19 were felt strongly in India.