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The transaction marks the first funding dedicated to the Enfinity Global's European portfolio of battery storage systems (BESS).

Enfinity Global sells minority stake in 400MW US PV portfolio

March 20, 2024
US independent power producer (IPP) Enfinity Global has sold a minority stake in a 400MW US solar PV portfolio to Japanese utility Kysuhu Electric.
Summit Ridge Energy community project in Rockford, Illinois - Image: Summit Ridge Energy.

EDP Renewables, Volt and Microsoft sign PPA for 100MWac Illinois solar project

March 19, 2024
EDPR NA and Volt Energy Utility have started construction on a 100MWac solar project in the US state of Illinois.
IRENA

IRENA: scaling up financing and modernising infrastructure can triple renewables generation capacity

March 19, 2024
Record renewables capacity additions and the progress in the energy transition last year are insufficient to meet the 1.5°C scenario.
Solar panels in Michigan.

Michigan rejects proposal to replace biomass with solar, approves new solar and storage projects

March 19, 2024
The Michigan Public Service Commission (MPSC) has rejected two applications to terminate power purchase agreements with biomass producers.
meyer burger

Meyer Burger clarifies US$225 million share issue to support US expansion

March 19, 2024
Swiss-owned solar manufacturer Meyer Burger has clarified the terms of its recently-announced rights issue, designed to raise money towards its US manufacturing expansion plans.
image-13

Silfab, Solarcycle in US-made recycled solar glass deal

March 18, 2024
US solar manufacturer Silfab Solar has signed a supply deal for US-made solar glass with PV recycling firm, Solarcycle.
FTC Solar's Voyager tracker in use.

FTC Solar reports financial stabilisation following leadership change

March 18, 2024
FTC Solar has published its financial results for the fourth quarter of 2023, which includes revenue of US$23.2 million.
GoodWe

GoodWe begins operation of Vietnam manufacturing plant

March 15, 2024
GoodWe says the first-phase production lines in Vietnam are expected to achieve an annual capacity of 5GW.
meyer burger

Meyer Burger posts US$330 million net loss for FY2023

March 15, 2024
PV manufacturer Meyer Burger has posted the financial results for 2023 with net loss increasing by 318% to CHF292 million (US$330.6 million).
Image: Guillherme Schneider on Unsplash

Spruce Power revenues drop in Q4 2023, forecasts ‘strong’ 2024

March 15, 2024
US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.

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