PowerChina signs EPC contract for South Africa’s 342 MW PV Plant
SolarAfrica and PowerChina teams up for the De Aar Solar Plant, providing clean power for data centers and industries. Explore the partnership here.
Business Bytes
GoodLeap,TIP, and ATLAS SP partnered for $1.5B solar expansion in US
ATLAS SP provided debt financing for GoodLeap’s $1.5 billion partnership with TIP to acquire solar and storage products. More details on their partnership here.
ADB approves $434M loan to boost Assam’s solar capacity
The Asian Development Bank (ADB) has backed Assam’s renewable energy with a significant $434.25 million investment and a 500 MW solar project. Discover more here.
IRA credits benefit Alternus Clean Energy strategy
Alternus Clean Energy completed its first tax equity transaction by transferring $1.74 million in ITCs under the IRA. Discover more about the investment here.
Enphase reports strong Q3 growth in solar market
Enphase Energy’s Q3 financial growth is powered by strong shipments of microinverters and batteries. Explore more on the latest results here.
Canadian Solar denies infringing Trina’s tunnel oxide patents
Canadian Solar’s response to Trina Solar’s patent infringement lawsuit involves rejecting TOPCon technology claims. Discover more here.
Sunlight Financial faces class action lawsuit over risky loans
Bronstein, Gewirtz & Grossman lead the lawsuit against Sunlight Financial for risky solar loans. Read the full case summary here.
Hijau Selaras gains Clime Capital’s backing in Indonesia
Clime Capital has announced an investment of USD 10 million in PT Investasi Hijau Selaras to accelerate its clean energy initiatives. More details on this SEACEF II funding here.
Ava Energy secures second patent for MicroGrid-powered GPUs
A second patent was secured by Ava Energy AI from the US Patent and Trademark Office for its MicroGrid-powered GPU technology in data centers. More details here.
Paradip Port Authority invites bids for 12 MW solar PV plant
Paradip Port Authority has invited bids for a 12 MW solar project, with costs estimated at ₹87.63 crore. Details on the bidding process here.