Nexamp gains $520M investment for solar expansion
Leading community solar developer Nexamp has received a $520M investment to accelerate growth and enhance consumer offerings. Learn more about this investment.
Business Bytes
RCBC funds multiple solar projects in Philippines
Citicore Renewable Energy Corporation has secured up to PHP 20B funding from RCBC for solar projects in the Philippines. More on this story here.
Arevon Energy bags $352M financing for Posey Solar
The 228 MW Posey Solar Project, being constructed by Arevon Energy, has achieved financial closing. Learn more about the financing deal here.
Gridwealth secures $14M for energy expansion
A $14M investment secured by Gridwealth from West Town Bank and Trust is aimed at expanding renewable energy projects. Find out more about this investment here.
Maxeon Solar releases preliminary financial results
Maxeon Solar’s latest financial report discloses shipment and revenue figures, indicating a consistent market presence. Read more about its financial trends.
European Commission probes solar subsidy distortions
The 2 Investigations initiated by the European Commission aim to uncover distortions in PV subsidies in procurement. More on the investigations here.
EDF and Serena completes share swap for renewable projects
Renewable energy companies, EDF Renewables Brasil and Serena Geração, have concluded an asset swap deal. Explore the details of this agreement here.
SolarEdge acquires Wevo for enhanced EV charging
The acquisition of Wevo Energy Ltd. by SolarEdge Technologies enhances its EV charging capabilities. Read more about this acquisition here.
Recurrent Energy secures multi-currency funding
With a €110 million funding, Recurrent Energy is set to enhance its solar PV and storage projects. Dive in for more details.
GuarantCo backs Africa GreenCo with $27M guarantee
A $27 million guarantee from GuarantCo boosts RE efforts in Southern Africa, enabling up to $ 270 million for IPPs through Africa GreenCo. More details here.