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Exclusive equity firm Ares Management is leading an equity financial investment of up to US$ 600 million in SB Energy, the SoftBank-owned solar developer.

US Solar Fund Plc (LON: USF) announced today it has employed monetary consultants to assist it take into consideration all possible critical alternatives to increase shareholder value, including the launch of a formal sale process for the entire firm.

Forty projects focused on focusing solar-thermal power (CSP) and also solar (PV) technologies have been awarded virtually USD 40 million (EUR 34m) by the United States Department of Energy (DoE).

United States solar suppliers behind the controversial anti-circumvention petition have said they are "reviewing all choices" and could refile petitions in the future.

Developer is investing EUR264m in the 7V Solar Ranch project due online prior to completion of 2023

There has been fast velocity in utility-scale progress in renewables- solar, wind and also hydro. These made up market share surpassing 20 per cent on 31 days of 2022. There were only 4 such days in 2019.

Goldbeck Solar, a Germany-based solar power solutions company, is rebranding its North American EPC Division, formerly known as GP JOULE EPC North America. Effective immediately, the division will currently run under the name Goldbeck Solar.

Shell Plc announces deal to reduce stakes in two renewable energy projects in the US – 182 MW wind repowering project & 180 MW solar park project. Asset management & offtake rights retained, with transactions finalized by 2024 & eligible for IRA tax credits.

The Sri Lankan government has approved a 700-MW floating solar park with 1.5 GWh battery storage, providing 1,100 GWh of renewable energy annually and investing USD 1.72 billion. An environmental milestone, this project will revolutionize the energy sector of Kilinochchi.

Madrid-based renewables business EDP Renovaveis SA (ELI: EDPR) revealed on Tuesday that it has actually completed deal with and transferred control of the 200-MW Indiana Crossroads solar park to Northern Indiana Public Service Co LLC (NIPSCO).

China-based solar module maker Canadian Solar has replied to the new ITC complaint filed by the Solaria Corporation.

The US residential solar industry seems on track for a strong 4th quarter of the year as installers increase initiatives to reduce project backlogs.

U.S. manufacturers First Solar and SunPower could be among the winners following the announcement that the Trump administration will impose a 25% tariff on bifacial panels, although analysts warned that the new tariffs could be an overall negative for the industry.

Ørsted introduces final investment decision on the mixed wind as well as solar PV project Helena Energy Center in South Texas and also incorporates the US trading team right into the Onshore organization.

Inverter vendor SMA Solar reported a fall in sales throughout Q1 2021, yet cited the political landscape in the United States and Europe as being "incredibly encouraging" in the long term.