EDF invests in Israeli robotic agrivoltaics startup
AgRE.tech, which is developing a robotic operating system for existing photovoltaic infrastructure, has raised $2 million from EDF and Zemach Regional Industries. The company says it will soon set up commercial fields.
ACME Solar files request for $359.13 million IPO
ACME Solar Holdings has submitted a request for a $359.13 million initial public offering (IPO).
Tesla battery deployment soars in Q2
Tesla says it has recorded a significant increase in energy storage deployment, officially reporting revenue for 9.4 GWh of deployed storage products in the second quarter of 2024.
ACWA Power lands financing for Central Asia’s biggest battery storage project
The Saudi Arabian developer has reached financial close for the Tashkent Riverside project in Uzbekistan, which includes a 200 MW solar plant and a 500 MWh battery energy storage system (BESS).
Chinese PV Industry Brief: January-May installations hit 79.15 GW
China’s cumulative installed PV capacity reached 690 GW at the end of May, according to recent numbers released by the country’s National Energy Administration (NEA).
Cleantech Solar secures $102 million to advance C&I portfolio in India
Cleantech Solar says it has secured $102.5 million of long-term debt financing from Aseem Infrastructure Finance.
Brookfield targets $10 billion of renewables under management in India
Brookfield Asset Management says it aims to more than triple its renewable energy assets under management in India to more than $10 billion within the next three to four years.
Masdar buys out Greece’s Terna Energy in €3.2 billion deal
Masdar has agreed to acquire initially 67% of Greece’s Terna Energy, a developer of clean energy infrastructure, in a €3.2 billion ($3.4 billion) deal.
Akcome halts some manufacturing, faces possible Chinese stock delisting
Akcome says it could be delisted from the Shenzhen Stock Exchange, as the value of its shares have fallen below CNY 1 ($0.14) for 20 consecutive trading days. In early June, the manufacturer announced a temporary halt in operations for its subsidiaries in China’s Jiangxi and Zhejiang provinces.
Chinese PV Industry Brief: Longi to issue $1.38 billion of bonds
Longi says it will issue up to CNY 10 billion ($1.38 billion) of bonds. It will primarily use the funds to support operational needs, supplement working capital, repay interest-bearing debts, and aid project construction and operations.
