Finance and M&A
Solar module maker Canadian Solar reported record 2023 numbers with an 89% surge in net income for the full year (FY), but profits in the fourth quarter (Q4) fell...
From: Mercom Capital Group X-ELIO, a solar project developer, announced the closing of €89 million (~$96.75 million) financing deal with Societe Generale as sole...
Gurgaon-based BluPine Energy has expanded its renewable energy portfolio by acquiring 369 MW of solar power assets from the ACME Group. The deal covers 14 special...
China-based polysilicon manufacturer Daqo New Energy Corporation reported lower revenue and net income in the fourth quarter (Q4) of 2023, as polysilicon prices...
U.S.-based solar module manufacturer First Solar reported a fourth-quarter (Q4) net income of $349 million, swinging to profit from last year’s loss of $7.5 million, as...
U.S.-based residential solar firm Sunnova Energy‘s fourth quarter (Q4) net loss ballooned by about 800% to $187.6 million from $20.9 million last year, hurt by...
United States-based residential solar, battery storage, and energy services company Sunrun swung to a loss in the fourth quarter (Q4) of 2023, hurt by lower sales,...
From: Mercom Capital Group ENERPARC AG, a solar project developer, secured bridge financing for a 325 MW project portfolio consisting of solar photovoltaic (PV) and...
Distributed generation, storage, and energy services company SunPower Corporation posted a fourth-quarter (Q4) revenue of $356.9 million, down 28% from $498 million last...
From: Mercom Capital Group Recurrent Energy, a solar project developer and a wholly owned subsidiary of Canadian Solar secured $160 million in project financing for the...
Microinverter and battery storage supplier Enphase Energy’s profit for the fourth quarter (Q4) of the financial year (FY) 2023 fell 65% from last year as the...
From: Mercom Capital Group Vesper Energy, a developer, owner, and operator of utility-scale renewable energy projects, secured $590 million in debt financing for the...
Solar tracker firm Nextracker reported a 38% year-over-year (YoY) jump in its revenue for the third quarter (Q3) of the financial year (FY) 2023-24, helped by higher...
From: Mercom Capital Group Scale Microgrids, a vertically integrated distributed energy platform, entered into a definitive agreement with Gutami to acquire 500 MW of...
Global corporate funding in the solar sector in 2023, including venture capital (VC) investments, public market funding, and debt financing, reached $34.3 billion, a 42%...
1
2
3
...
57