Excelsior Energy sells 38 solar projects to BlackRock
BlackRock has acquired 38 solar projects from Excelsior, marking its first exit from its inaugural fund launched seven years ago. Read more about this story here.
Business Bytes
Primergy secures USD 588M financing for Ash Creek Solar
Having secured USD 588 million in financing, Primergy is moving ahead with its 408 MW Ash Creek Solar project. More on the project and its Microsoft PPA here.
Shoals defends patents against Voltage infringement
Shoals Technologies defends 2 patents against alleged infringement by Voltage LLC while ITC removes one patent from upcoming hearing. More on the story here.
ACEN partners with BrightNight for Philippines renewables
In the Philippines, a USD 1.2B renewable power initiative takes shape as BrightNight teams up with ACEN. Read more for details.
EDP & Rondo partner for clean industrial heat
A new partnership between EDP and Rondo aims to provide affordable, large-scale clean heat for European industries using renewable energy sources. Read details on this significant development.
LONGi strengthens silicon supply with Ferroglobe partnership
Leading solar technology company, LONGi, has signed a long-term agreement with Ferroglobe for silicon supply. More on this collaboration here.
Grenergy Renovables reports strong 2023 financial results
Successful asset sales in Peru and a €105m EBITDA highlight Grenergy Renovables’ financial strength and strategic market position. More on its results here.
Array Technologies reports strong Q4 and FY2023 results
Array Technologies reports Q4 revenue of USD 341.6M and annual net income of USD 85.5M. Look in for more on its Q4 & FY2023 financial results.
ENVIRIA secures over USD 200 million from BlackRock
A USD 200M investment from BlackRock’s GRP IV Fund will help ENVIRIA develop 2,000 solar projects in Germany. Dive in for more details on the funding.
Daqo New Energy reports Q4 & FY2023 financial results
Daqo New Energy Corp. has reported a dip in revenue despite increased polysilicon production in Q4 2023. More on its financials here.