Corporate and industrial

The changing landscape of international aid to Ukraine puts a new focus on its energy sector and the boom in self-consumption PV systems.

SMA Solar posted preliminary net losses of €117.7 million (US$126 million) in 2024—down from €225.7 million in income last year.

Despite the attacks on the country’s energy infrastructure and the ongoing war with Russia, Vladyslav Sokolovskyi, chairman of the board of the SEAU, said the figures were “positive”.

In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.

Canadian asset owner Brookfield has acquired a majority stake in Indian clean power company Leap Green Energy in a US$200 million equity investment.

Sunstone Credit on its takeaways from the RE+ event and the biggest trends looking forward for the US solar industry.

Solar inverter producer SolarEdge has unveiled a new PV energy optimisation software system aimed at business owners and the corporate & industrial (C&I) solar sector.

Israel-headquartered smart energy technology company SolarEdge has acquired the entire share capital of UK-based Hark Systems, an energy analytics and internet-of-things (IoT) company. SolarEdge said that the acquisition will enable it to offer its corporate and industrial (C&I) customers increased capacity to manage their energy assets.