Finance and M&A
From: Mercom Capital Group OX2, a solar and energy storage project developer, reached an agreement to sell the 42.5 MW/ 42.5 MWh Bredhälla energy storage project in...
From: Mercom Capital Group Pivot Energy, a solar project developer, has secured tax equity investment from the U.S. retail chain Walmart to develop 19 solar...
Germany-based solar energy equipment supplier SMA Solar Technology reported a 79% jump in its 2023 revenue on the back of strong inverter sales. The company’s...
China-headquartered solar cell and module manufacturer JinkoSolar‘s total revenue in the fourth quarter (Q4) of 2023 rose by 9.4% year-over-year (YoY) to RMB 32.83...
From: Mercom Capital Group Primergy Solar, a developer, owner, and operator focused on distributed and utility-scale solar PV and battery storage projects, announced the...
Florida-based Sunergy Renewables, a residential solar and storage firm, announced it will begin trading on the Nasdaq Stock Exchange after merging with ESGEN Acquisition...
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...
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