Support for distributed energy resources (DERs) like rooftop solar, community solar and battery storage could save Californian ratepayers US$120 billion over the next 30 years, according to a new report
Altus Power is merging with a special purpose acquisition company (SPAC) in a transaction that values the commercial and industrial (C&I) solar and storage developer at US$1.58 billion.
Investment firm Partners Group has agreed to acquire a controlling stake in Dimension Renewable Energy, a US-based distributed energy platform focused on community solar and battery storage.
Inverter supplier SMA Solar reported a fall in sales during Q1 2021, but cited the political landscape in the US and Europe as being “extremely encouraging” in the long term.
China installed 5.56GW of solar in Q1 2021, new data from the country’s National Renewable Energy Consumption Monitoring and Warning Center has revealed.
Independent power producer (IPP) Soltage and investment manager Harrison Street have formed a partnership to invest US$250 million in the former’s solar and energy storage project development pipeline.
French oil major Total and industrial conglomerate Zahid Group have established a joint venture (JV) focused on distributed solar generation for Saudi Arabia’s commercial and industrial (C&I) sector.