BayWa’s First Half 2024 Revenues Down 15% Year-Over-Year
The Renewable Energies unit recorded a €171.5 million impairment, causing EBIT to drop to minus €102.8 million in the first half of 2024. More on its H1 2024 financials here.
Colombia welcomes Zelestra’s 144 MW PV facility
The La Unión solar plant by Zelestra features over 220,000 solar panels, reducing CO2 emissions by 123,346 tons annually. Learn more about this project here.
Nextracker opens 13-acre solar R&D hub in Hyderabad
The new CFSE facility in Hyderabad by Nextracker will include a lab and a training center to optimize solar tracker designs. More about the R&D center here.
Solex Energy to scale up solar production to 15 GW by 2030
An ₹8,000 crore investment will expand Solex Energy’s solar module capacity to 15 GW and develop a 2 GW solar cell facility. Read more about its plans here.
AIKO and Greenman expand partnership with 3 MW module deal
AIKO and Greenman Energy have expanded their partnership with a 3 MW n-type ABC modules acquisition deal. More about this Berlin project here.
TotalEnergies begins operations at two Texas solar farms
In southeast Texas, TotalEnergies has commenced operations of two utility-scale solar farms with a combined capacity of 1.2 GW. More about the projects here.
STANLIB acquires stake in Scatec’s PV projects
Scatec’s divestment aligns with its strategic objectives, reducing its stake in three South African plants to generate ZAR 921 million. More information here.
Trina Solar acquires 57 MW solar portfolio in France
Emeren Group has sold a 57 MW solar project portfolio in France to Trina Solar ISBU. More about the sale and its impact on Trina’s expansion here.
GoldenPeaks and CNBM target 1 GW annual solar projects
The GPC and CNBM partnership targets a 1 GW yearly solar project expansion, focusing on new markets in Europe. Click here to learn more about their plans.
ACWA Power closes financing for $3.2 billion solar projects
In Saudi Arabia, ACWA Power and partners have secured major debt financing for 5.5 GW of solar projects. More about these investments here.