Levanta Renewables has expanded its renewable energy footprint in Southeast Asia through the acquisition of a 93-MWp portfolio of ground-mounted solar assets in Thailand, reinforcing the country’s role as a core market within the company’s regional strategy.

The U.S. solar sector has entered a decisive phase where scale, balance-sheet strength, and execution capability increasingly determine survival. Against this backdrop, Nofar Energy has agreed to acquire a large portion of the U.S. solar portfolio of Pine Gate Renewables for a total enterprise value of approximately USD 575 million.