- ChemiTek has raised €1.2 million investment from a host of investors including EDP Ventures in Portugal
- OX2 has acquired 45 MW solar capacity in Sweden from Helios Nordic Energy
- RWE is selling its solar EPC company Belectric to CEZ of the Czech Republic
- Macquarie is negotiating to take 90% stake in French solar energy company Apex Energies Group
ChemiTek offers solar panel cleaning solution: Ganesha Capital, Statusmaneuver and EDP Ventures have pooled in €1.2 million ($1.35 million) investment for ChemiTek, a Portuguese liquid cleaning solution supplier for industrial use, especially the solar sector. The company claims its sustainable and innovative chemical products Solar Wash Protect and Industrial Glass Protect, which are certified by TUV Sud and CVR, do not affect metal rails or anti-reflective coatings while cleaning the panel.
Proceeds will be deployed by ChemiTek to expand its reach in the international markets and improve its sustainable solutions, especially in the solar sector, according to Start Esposende. EDP Ventures’ Executive Director Luis Manuel said shared, “ChemiTek allows not only to increase the production of solar panels, maximizing the generation of renewable energy, but also to reduce the need for cleaning and maintenance interventions in solar parks, which will be essential for us to accelerate the introduction of solar energy into our networks.”
OX2 acquires 45 MW solar projects in Sweden: Wind and solar power project developer OX2 from Sweden has expanded its solar portfolio with 2 PV projects in the country with a combined capacity of 45 MW. Both the projects are located in Skåne, Sweden that it purchased from Helios Nordic Energy. Both the parties will now jointly develop the project till necessary permits are in place post which OX2 will construct and operate the same. The acquisition, explained OX2, is part of its strategy to increase focus on solar energy.
RWE selling Belectric to CEZ: Germany’s RWE has picked Czech Republic’s state-owned utility CEZ to sell the solar development and EPC subsidiary of RWE Renewables, Belectric, several local media reported. CEZ and RWE have not announced anything officially.
Macquarie to acquire majority stake in Apex Energies: Macquarie Asset Management is in exclusive negotiations to acquire a 90% equity stake in French solar energy platform Apex Energies Group from a consortium of investors. It will acquire the stake via its Macquarie Green Investment Group Renewable Energy Fund 2. Apex Energies currently holds a portfolio of 92 MW of installed rooftop and ground mounted solar power plants in France and touts a 2.2 GW development pipeline. “With Macquarie’s support, Apex Energies will become a top independent solar power producer in France – both in the rooftop segment where the company is already a market leader, and in ground mounted solar plants, as well as the energy self-consumption sector,” said Apex Energies’ President Pascal Marguet. Macquarie sees potential for solar’s growth in France as the country targets to install an additional 30 GW solar by 2028 under its National Energy Plan while aiming for net zero by 2050.