US ITC to investigate Trina’s patent infringement claims
Trinasolar files a complaint with the US ITC to halt patent-infringing imports by Runergy and Adani Green Energy. Read more about the dispute here.
Business Bytes
Waroona project faces RCC shortfall amid capacity surplus
Frontier Energy lost Reserve Capacity Credits in AEMO’s final allocation due to surplus and WEM rule exclusions. Learn about Waroona project funding here.
Financial close for Mainstream Renewable’s 50 MW Ilikwa project
Mainstream Renewable has secured a financial close for a 50 MW solar project in South Africa that will supply power to C&I customers. More on this story here.
Good Energy Solutions acquires Laven Electric
Laven Electric joins Good Energy Solutions, combining expertise to offer improved sustainable energy options. Find out more about this acquisition here.
Solart Inc. named exclusive US distributor for Invent
Solart Inc. has partnered with Italian manufacturer Invent as its exclusive US distributor, offering high-quality, stylish solar panels. Discover more about their collaboration here.
EWEC invites EOIs for Zarraf Solar project in Abu Dhabi
The 1.5 GW Zarraf Solar project in Abu Dhabi will raise EWEC’s solar capacity to around 7 GW. More details on EOI submission and other details here.
BayWa’s First Half 2024 Revenues Down 15% Year-Over-Year
The Renewable Energies unit recorded a €171.5 million impairment, causing EBIT to drop to minus €102.8 million in the first half of 2024. More on its H1 2024 financials here.
ACWA Power closes financing for $3.2 billion solar projects
In Saudi Arabia, ACWA Power and partners have secured major debt financing for 5.5 GW of solar projects. More about these investments here.
Buskowitz secures $100 million investment from APAC fund
APAC Sustainable Fund has invested $100 million in Buskowitz’s 500 MW project pipeline expansion in Philippines. More about this strategic funding here.
African Development Bank supports Burkina Faso solar expansion
Burkina Faso’s 18 MW Dédougou solar project has received €6 million from SEFA and support from FMO. More about the project’s financing here.