OCI Solar Power rebrands to OCI Energy
In a rebranding effort, OCI Solar Power has renamed itself to OCI Energy to reflect its core focus. More on its renewable energy mission here.
Business Bytes
SunPower undergoes internal financial review
KBRA has placed SunStrong Watch Developing rating amid SunPower’s financial issues, leading to an SEC investigation. Discover the details of this situation here.
Gunvor Singapore secures $1.32B facility
Gunvor Singapore has secured a $1.32 billion sustainability-linked credit facility. Discover the sustainability KPIs and the banks involved in this deal here.
Freedom Forever to acquire Meraki assets
Meraki Solar assets have been acquired by Freedom Forever, enhancing the latter’s position as a service provider. Learn more about the partnership here.
Catalyze partners with Cushman & Wakefield
Catalyze has partnered with Cushman & Wakefield to rise PV adoption in commercial real estate across US. Learn how this alliance aims to enhance operational income here.
RMC Switchgears enters solar EPC sector
RMC Switchgears enters the Solar EPC sector with an INR 4.76 crore order. More on its new 1.35 MWp solar power project in Rajasthan here.
Toledo Solar halts CdTe modules production
Toledo Solar has halted its R&D and production due to technology licensing issues. Learn more about the company’s closure here.
Aggreko ETS acquires new assets
Aggreko Energy Transition Solutions has acquired US-based Infiniti Energy from Upper Bay Infrastructure Partners. More about this strategic move here.
NextPower UK ESG secures major funds
NextPower UK ESG has exceeded its initial £500 million target by 30%, raising £653 million. Discover its plans for utility-scale solar and battery assets.
Altarea expands photovoltaic platform
Prejeance Industrial has joined Altarea, expanding the latter’s solar capabilities in France. Learn more about this strategic acquisition.