Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.
The renewable energy arm of power generation group Enel has signed a financing agreement with banking group UniCredit to finance the expansion of a solar panel factory in Catania, Sicily.
Independent power producer (IPP) R.Power has raised €150 million (US$160.4 million) from the Three Seas Initiative Investment Fund (3SIIF) to continue its long-term growth strategy.
Enterprise climate platform Watershed has partnered with renewables marketplace Ever.green to launch a fixed-priced virtual power purchase agreement (VPPA).
US solar tracker manufacturer FTC has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects.
Texas utility CPS Energy has reached agreements to purchase an additional 100MW of solar and 50MW of energy storage capacity for its FlexPOWER Bundle initiative.
Public institutions and private companies bought a record number of renewable energy last year, according to BloombergNEF’s (BNEF) 1H 2023 Corporate Energy Market Outlook.
A round-up of the latest news from the US market, including Ameren’s progress on a 200MW solar installation acquisition in Missouri, Avantus breaking ground on a PV plant in Texas and EDF Renewables receiving approval for a 300MW solar project.
