renewables

Renewable power producer BrightNight has formed a partnership with energy platform ACEN Corporation to ramp up the development of its 1.2GW renewables portfolio in India.

The EU Commission has announced new measures to support multiple sectors, including the renewable energy industry, to keep them in Europe.

US clean energy platform Palmetto has raised US$150 million from private equity firm TPG's climate investment arm TPG Rise Climate to increase clean energy adoption and access to residential solar across the US.

Independent producer of PV renewable energy Reden has inked a deal with financial institutions, including the European Investment Bank (EIB), Crédit Agricole Corporate and Investment Bank Milan branch and Natixis Corporate and Investment Banking, to fund a solar portfolio in Italy.

Solar technology and renewable energy company Canadian Solar has announced that its module shipment this year will reach up to 35GW.

The EU has saved €12 billion gas costs thanks to the accelerated solar and wind growth since the Russia's invasion of Ukraine in 2022, according to an analysis from climate and energy think tank Ember.

German independent power producer (IPP) Encavis has shown an improved financial results with its EBITDA up by about one third.

Indian renewable energy independent power producer ReNew Power has narrowed its net loss in Q3 FY23 year-on-year, while there was an increase in total income due to expanded operating capacity.

Malaysian clean energy solutions company Gentari has acquired solar developer Wirsol Energy Australia and its assets from Wircon Group.

A total of 4.7GW of utility-scale solar capacity was installed in Q4 2022 in the US, but the difficulties in sourcing modules caused a delay in installations, according to industry body the American Clean Power Association.