Irish independent power producer (IPP) Alternus Energy has closed a business combination agreement with Clean Earth Acquisitions Corp, a special purpose acquisition company (SPAC), that will enable its expansion in the US.
Greek developer Mytilineos has completed third-party engineering, procurement and construction (EPC) contracts on a backlog of solar PV projects in Chile, Uzbekistan and Spain.
Solar modules used in PV plants from independent power producer Silicon Ranch will be recycled by Solarcycle as part of a new partnership between the US companies.
Private equity firm KKR and Hero Group have invested US$450 million in Indian independent power producer (IPP) Hero Future Energies (HFE) to support its renewables expansion.
Independent power producer Scatec will construct a 50MW solar project in Botswana after signing a 25-year power purchase agreement with state-owned utility Botswana Power Corporation.
Indian IPP ReNew Power reported a net loss of INR104 million (US$1 million) last quarter, which it said was as a result of a one-time expense for the refinancing of US bonds with lower cost rupee debt.
