Google invests in Taiwan’s New Green Power
In Taiwan, Google takes an equity stake in New Green Power, owned by BlackRock, enabling up to 300MW of renewable energy purchases. More details here.
Business Bytes
Masdar acquires TERNA ENERGY stake
67% of stacks from Greece based TERNA ENERGY has been acquired by for €3.2 billion. Read more about this deal here.
Aiko asserts patent independence
AIKO is actively defending against Maxeon’s infringement claims on its European patent EP3065184B1. Find out more about the patent lawsuit here.
NorSun invests $620M in Oklahoma solar factory
Norwegian solar energy company NorSun announces a $620 million solar wafer manufacturing plant in Tulsa, Oklahoma. Read more details here.
Neoen sale to Brookfield finalized
Brookfield has acquired a 53.12% of Neoen shares at 39.85 euros per share, with plans for a full buyout. Read more about this acquisition.
Maxeon faces securities law investigation
Johnson Fistel investigates Maxeon Solar for potential securities law violations following significant stock drop. Learn more about the investigation.
Nextracker acquires Ojjo to expand utility-scale solar foundations
A global solar tracker provider, Nextracker, has expanded its footprint in utility-scale solar foundations with the acquisition of Ojjo for $119 million. For more details read here.
Maxeon pursues legal action in Europe
Maxeon has filed a patent infringement lawsuit against Aiko Energy in the Unified Patent Court. More details on the portfolio here.
SINGULUS TECHNOLOGIES and JINCHEN form joint venture for PV solutions
SINGULUS SOLAR GmbH, a joint venture between SINGULUS TECHNOLOGIES and JINCHEN, offers PV cell and module production lines focusing on TOPCon and HJT technologies. More details here.
Recurrent Energy and SPIC inaugurate 446 MWp solar complex in Brazil
SPIC and Recurrent Energy inaugurates the Marangatu solar complex in Brazil, boasting a capacity of 446 MWp / 360 MWac. More details here.