Qatar Investment Authority buys stake in Adani Green Energy
The Qatar Investment Authority (QIA) has acquired a 2.7% stake in Adani Green Energy. It purchased 42,604,601 shares at a price of INR 920 ($11.10) per share.
Cox Energy finalizes acquisition of Abengoa
Cox Energy secured the assets of Abengoa in April 2023. Abengoa began insolvency proceedings for its main business unit in May 2022.
Ingeteam sells O&M division to RES Group
Ingeteam has sold its operation and maintenance (O&M) division to UK-based RES Group. It say the 35 GW renewable assets are worth €35 billion ($38.2 billion).
New methodology to avoid mispricing the value of PV projects
A new process is described as a tool to assess the value of deferring, relocating, or abandoning PV projects under development in uncertain market conditions. It reportedly allows accommodating different sources of uncertainties with different stochastic features, as well as accounting for the various managerial flexibilities embedded in most solar projects.
Enphase lowers revenue guidance as US residential solar stagnates
Microinverter supplier Enphase is slipping in share price as revenues dip. It has announced a $1 billion stock buyback program.
Is the EU doing enough to establish a solar manufacturing supply chain?
Compared to the Inflation Reduction Act (IRA) signed by Joe Biden’s administration in the US, the EU’s approach to establishing solar manufacturing appears slow and lacking in clarity. In this blog post, I will explore the EU’s renewable energy policy, specifically its emphasis on solar manufacturing, and evaluate whether Brussels is doing enough to establish a European solar supply chain.
PVcase raises $100 million to fuel expansion
PVcase, a Lithuania-based solar project software company, raised $100 million to expand the market for its platform and extend its capability.
Chinese PV Industry Brief: JinkoSolar’s H1 panel shipments hit 30 GW
JinkoSolar says that its solar panel shipments reached 30 GW in the first of this year.
Solar corporate funding up 54% YoY in H1
Mercom Capital Group’s latest report shows that almost 25.5 GW of solar projects were acquired in the first half of this year, totaling $18.5 billion.
Weekend Read: Cash pours in to rooftop solar
The growth of European rooftop solar continues this year, with innovative companies raising capital to develop the market. It’s an encouraging trend with the potential to accelerate rooftop solar adoption. pv magazine correspondent Valerie Thompson takes a closer look.
