joint venture

Swedish manufacturer Midsummer is establishing a joint venture in Indonesia to produce its copper indium gallium selenide thin-film PV modules.

UAE state-owned renewables developer Masdar and Montenegro’s national power utility, Elektroprivreda Crne Gore (EPCG), have signed a joint development agreement for 150MW solar PV.

Infrastructure investment manager I Squared Capital has signed a memorandum of understanding (MoU) with Korean construction company GS E&C to develop renewables in the country.

Brookfield and Mitsubishi HC Capital have formed a JV anchored by a 570MW European portfolio valued at approximately US$462 million.

Inox Clean Energy has partnered with integrated renewable energy platform RJ Corp to expand into Africa’s renewable energy markets.

Greek developer Metlen Energy and Metals has partnered with local maritime firm Tsakos Group to build a 251.9MW solar-plus-storage project in Greece.

Solar PV solutions provider Nextpower has finalised its Saudi joint venture formation, Nextpower Arabia, which is building a manufacturing facility in the country.

Investor HASI and residential solar and storage developer Sunrun have announced a joint venture to finance 300MW of renewable energy capacity.

US solar tracker manufacturer Nextracker and Saudi-based energy company Abunayyan Holding have formed a joint venture (JV) in Saudi Arabia.

Elmya Energy and Atlantica have formed a joint venture to develop 4GW of utility-scale renewable energy projects in the US.