Enfinity Global has secured €300 million in equity funding and sold a minority stake in its 400MW US solar plants to Japanese utility Kyushu Electric Power Co. The company has also secured US$150 million for 112MW of solar PV in Italy, where it has signed long-term power purchase agreements with Statkraft. This follows a significant increase in investment for Enfinity from January through 2023, when venture capital funding for the global solar industry rose 55% year-on-year. Of Enfinit’s 1GW operational portfolio, 400MW is located in the US. The firm plans to continue expansion plans in America, where its total pipeline portfolio exceeds 11GW.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







