independent power producer

Spanish independent power producer Opdenergy is preparing to launch an initial public offering to help fund the development of 3.7GW of renewables projects across Europe and the Americas.

Norwegian independent power producer Scatec is looking to collaborate with project developers in India as part of efforts to gain a foothold in the country’s burgeoning solar sector.

Encavis expects revenue from its solar parks to rebound this year following a 2020 that saw the company’s portfolio affected by “average” meteorological conditions.

Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion

Azure Power overcame module procurement challenges to end its third quarter with 1,987MW of operational solar capacity, a 10% increase year-on-year.

Scatec said it underwent a “transformational” year in 2020, with its total renewables pipeline now standing at a record high of 10.5GW.

South Africa’s solar industry has welcomed new government plans to purchase 6.8GW of additional renewables from independent power producers as of 2022, but warned that an “urgent response” is needed to tackle the country’s ongoing energy crisis.

Sungrow is backing a long-term strategy for the Indian solar market, targeting growth in the rooftop segment while lining up more deals with independent power producers in the country.

French energy major Total has completed the acquisition of a 73.04% stake in gas and renewable power provider Direct Energie.

Independent power producer Sonnedix has acquired 11 PV plants in Italy totalling 6.75MW, taking the firm’s portfolio in the country up to 114MW of operating PV generation capacity.