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Macquarie Asset Management's Green Investment Group (GIG) has invested in US greenfield renewable energy platform Galehead Development, thus gaining access to a 6-GW project pipe.

Both companies have authorized a binding agreement last week for the solar energy portfolio for $293 million. TGC said that the equity funding for these assets was provided by the third fund of TGC, True Green Capital Fund III, as well as its funding partners provided debt as well as tax equity.

European panel maker Recom Technologies will present its Panther series of solar modules for the U.S. market at Intersolar North America following week.

After a successful 2nd financial investment round, North American photovoltaic panel supplier Silfab Solar can now formally introduce it is preparing to open up a 3rd U.S. solar module production center that will certainly additionally include solar cell production.

The Covid-19 pandemic remains to cast a cloud on sectors worldwide, but the U.S. utility-scale solar segment is still growing, writes IHS Markit solar analyst Maria J. Chea. Around 3 GW of solar PV is set to be installed this year in Texas alone, however opportunities additionally are plentiful across several other southerly U.S. states.

The United States energy storage space market saw its strongest Q2 on record for releases, according to Wood Mackenzie and the United States ESA's newest report

The Commerce Department's decision regarding imports from Malaysia, Thailand, Vietnam as well as Cambodia was a victory for Auxin Solar. The San Jose, California-based solar supplier this year requested the probe, arguing that Chinese makers moved manufacturing to those countries to prevent paying united state duties in position for virtually a decade on Chinese-made solar goods.

Canadian solar firm Mitrex means to open a 2.5-GW photovoltaic panel manufacturing facility in the United States, with a final area selection announced quickly. The company, which presently runs a 500-MW plant in Toronto, Ontario, that makes colored photovoltaic panels, BIPV cladding and traditional photovoltaic panels, expects the U.S. location to start production in Q1 2024.

Norway's Freyr battery (no connection to solar EPC Freyr Energy Solutions in India) has received a grant from Norway's ministry of climate as well as atmosphere, through Enova SF, of NOK-142-million (Rs 1300 crores) to start service a clean battery cell production plant in Mo i Rana, Nordland region. Freyr AS has actually set a target of ending up being a leading battery supplier in Europe, with a 40 GW/h capacity by 2025.

United States property installer Vision Solar intends to include around 1,000 jobs by the end of 2022 on the back of projected company growth of 168% per year.

French multi-energy group TotalEnergies SE (EPA: TTE) has authorized a USD-250-million (EUR 219m) deal to obtain the Commercial & Industrial Solutions (CIS) business of majority-owned United States solar business SunPower Corp (NASDAQ: SPWR).

Spanish renewables pure-player Acciona Energia (BME: ANE) said on Tuesday that it has actually acquired the 350-MW/458-MWp Red-Tailed Hawk solar photovoltaic (PV) project in the US state of Texas.

LG Electronics has actually confirmed it is to leave the solar module production organization and shutter its setting up plant in Alabama, US.

The eco-friendly organisation declared the Department of Commerce choice will 'upend' the sector

The 457-MW Palen solar complex in California's Riverside County has actually achieved full commercial procedures, the United States Department of the Interior (DOI) announced this week.