Helios Nordic Energy acquired by VINCI
VINCI strengthens its renewable energy expertise with the acquisition of Helios Nordic Energy. More details on the acquisition here.
Business Bytes
Apricus expands with Nexus acquisition
Nexus Renewables joins Apricus Generation, enhancing their renewable energy portfolio. More details here.
Soleos secures funding for global expansion
With an INR 48.5 crore infusion, Soleos Solar Energy aims to expand its portfolio and establish new manufacturing facilities globally. More on the investment here.
Waaree Energies supplies 445 MW solar modules
Waaree Energies Limited, an Indian PV modules manufacturer, will be supplying 445 MW of its 540/545 W dual glass bifacial modules to Statkraft India for single-location solar projects in Bikaner, Rajasthan. The delivery, slated between May and August 2024, aims to enhance the region’s renewable energy capacity. As of June 30, 2023, Waaree is India’s…
Ørsted secures $680M investment for solar
J.P. Morgan has invested $680 million in Ørsted’s solar and storage projects in Arizona and Texas. Get more details on the funding here.
Statkraft completes Enerfin acquisition deal
With acquisition of Enerfin, Statkraft has solidified its renewable energy foothold in Spain and Brazil. More particulars on the acquisition here.
Iberdrola, Bayer expand renewable partnership
Partnership between Iberdrola and Bayer has extended to Italy with a green PPA for 11 years. More details on the PPA here.
Maxeon faces legal scrutiny over practices
A law firm is investigating Maxeon Solar Technologies for potential securities law violations. More of the legalities here.
Recurrent Energy secures €1.3 billion credit
A multi-currency revolving credit facility worth €1.3 billion has been secured by Recurrent Energy, for European renewable projects. Details regarding the project here.
Avangrid to be fully owned by Iberdrola
Iberdrola has invested $2.551 billion to acquire the remaining stakes in Avangrid. More about the acquisition here.