Husk Power Systems secures USD 20M EIB financing
The European Investment Bank (EIB) has provided Husk Power Systems with a USD20 million debt financing for its expansion in Nigeria. More about the deal here.
Business Bytes
Torrent Power reports significant growth for FY2022-23
Reporting a remarkable surge in its revenues for FY 2022-23, Torrent Power says it is poised to pursue growth opportunities. More on its earnings here.
Emeren Group reports strong financial performance
Unaudited Q4 & FY2023 financial results for Emeren Group reveal significant revenue growth and expansion of its project pipeline. More on its earnings here.
Canadian Solar responds to Maxeon’s infringement allegations
Despite Maxeon’s recent lawsuit, Canadian Solar refutes allegations of patent infringement. Latest developments of ongoing dispute here.
SPIE acquires majority stake in MBG Energy
Europe’s top multi-technical services provider SPIE has acquired 75% of MBG energy, specializing in PV roll-out services. Learn more about the acquisition.
Voltalia publishes equity analyst consensus for 2024
Voltalia has released analyst consensus on its operations as of March 26, 2024. Explore the details here.
Nordcell Group plans new green solar panel factory in Sweden
GIGA ONE will be Nordcell’s greenest solar panel factory in Sweden with 1.2 GW capacity. Learn more about this factory here.
Starlight Energy enhances UK operations with acquisition
With the acquisition of Intelligent Alternatives, NextEnergy subsidiary Starlight Energy has enhanced its capabilities in the UK. More on this development here.
Maxeon Solar sues CSI for patent infringement
Maxeon Solar Technologies initiates a patent infringement lawsuit against Canadian Solar over TOPCon solar cell technology. Read more details here.
Shoals Technologies faces securities fraud class action
Saxena White P.A. has filed a securities fraud class action suit against Shoals Technologies. Read more for details about the lawsuit.