Avangrid to be fully owned by Iberdrola
Iberdrola has invested $2.551 billion to acquire the remaining stakes in Avangrid. More about the acquisition here.
Business Bytes
Huasun Energy secures major bid win
Securing a bid for 1 GW of HJT modules from China Datang, Huasun has added to its tally of wins this year. More on this story here.
Dutch court rejects Maxeon’s injunction plea
The Hague Court has dismissed Maxeon’s injunction request against Aiko’s ABC products, citing no patent infringement. More details about the dispute here.
Spinkraft Ventures acquired by Aerem Solutions
Aerem Solutions, a solar loans & tech solutions provider, has expanded its solar portfolio with the Spinkraft Ventures acquisition. More on the story here.
Terrenus Energy secures SGD 300M green financing
DBS, leading a consortium of five banks, has facilitated approximately SGD 300 million in green financing for Terrenus Energy. More details here.
Carlyle and Sungage sign solar financing deal
Sungage has secured $450 million in investment from Carlyle, signaling growth in residential solar finance. More details here.
AES to divest Brazil assets to Auren
An agreement involving AES divesting its 47.3% interest in AES Brasil’s portfolio has been signed with Auren Energia. More on the transaction here.
SJVN seeks bids for 376.60 MW solar project
SJVN Green Energy Limited, a subsidiary of SJVN Limited, has called for bids for solar PV module supply. Tender details here.
Enfinity partners with CPP Investments for financing
CPP Investments has backed Enfinity Global Inc. with a $135 million financing for 1.2 GW Indian renewable projects. More bytes on the project here.
Canadian Solar reports Q1 2024 financials
CSI has reports 6.3 GW of module shipments in Q1 2024, with 236 MW to its own projects. Dive into its latest financial details.