Alternus to expand storage solutions with LiiON deal
LiiON’s advanced energy storage capabilities will be integrated into Alternus’ portfolio under a $5M acquisition deal. Read more here.
Business Bytes
AAIB partners on $500M bond to support MSMEs in Egypt
IFC, EBRD, and BII joined Arab African International Bank for a $500M sustainability bond supporting small businesses and green initiatives in Egypt. Read here.
Inbank partners with EIB for solar loan securitization
Poland’s green financing gets a boost as Inbank, EIB securitize PLN 635 million in solar panel loans. Details are here.
TOYO to manufacture 2.5 GW solar modules in Texas
TOYO Co., Ltd, TOYO Solar LLC, and Solar Plus Texas team up to launch 2.5 GW US solar production. Learn more here.
Emeren reports Q3 profitability despite revenue decline
Despite delays in project sales, Emeren posted Q3 2024 revenue of $12.9 millions and EBITDA of $8.5 millions, reflecting significant operational progress. Learn more here.
Gunkul acquires JERA’s stake in six Thailand solar plants
JERA has sold its 49% stake in six Thai solar VSPP power plants to Gunkul Engineering, aligning with strategic energy goals. Read more here.
Iberdrola issues AUD 750M green bonds in Australia
With AUD 2.1B demand for AUD 750M green bonds, Iberdrola furthers its renewable energy efforts in Australia. Read the details here.
Tailored start-up packages to shine at The Smarter E Europe
Messe München will host The Smarter E 2025, empowering start-ups with Start-up Stage presentations and special exhibition packages. More details here.
J&V Energy acquires 180 MW solar project in Philippines
JNV Philippines, J&V Energy, SolarNRG, and National Transmission Corporation team up to deliver a 180 MW solar milestone. Learn more about their partnership here.
Astronergy to deliver 30 MW solar solutions with Photomate
Photomate partners with Astronergy to deliver 30 MW of solar energy solutions for the Caucasus region by 2025. Learn more about their partnership here.