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
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.
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.
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.
