Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex
  • Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada
  • Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations
  • Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras
  • Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets
  • Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game
  • E.ON Cancels 20MW Hydrogen Plant in Essen
  • Repsol Abandons 130MW Hydrogen Project in Puertollano Amid Economic and Technical Concerns
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Asia
Green Hydrogen H2 News

TPG managed The Rise Fund buys Trina Solar projects; launches Matrix Renewables

Anela DoksoBy Anela Dokso02/07/20202 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

The Rise Fund, a global impact investing fund managed by alternative asset firm TPG, has acquired approximately 1 gigawatt (GW) of solar PV projects from China-based Trina Solar.

The solar PV projects included in the transaction are currently operational, under construction or in late stage development nearing ready-to-build status across Spain, Chile, Colombia, and Mexico, and will serve as the first solar PV projects within the portfolio of newly created, Madrid-based Matrix Renewables. Terms of the transaction were not disclosed.

TPG and The Rise Fund are assembling a management team for Matrix Renewables and will leverage the firm’s investing and business building experience, global network, and deep cross-platform infrastructure and renewable energy expertise to develop and acquire additional solar PV projects globally.

“We are excited to launch Matrix Renewables with such a geographically diverse set of high-quality solar PV projects. Trina is one of the leading manufacturers of solar PVs, with a history of developing world-class solar PV projects in key markets. With the establishment of Matrix Renewables and the leadership of a seasoned management team, we are actively looking for additional strategic opportunities to grow our global portfolio and build out the platform.”

Ed Beckley, a partner at TPG who leads the firm’s infrastructure investing efforts.

“The global solar PV market continues to grow rapidly as it benefits from a number of secular tailwinds including the accelerating shift to decarbonization. Solar PV development is one of the many ways The Rise Fund is tackling climate change and addressing the climate, energy, and responsible consumption-focused United Nations Sustainable Development Goals. We look forward to growing the Matrix Renewables portfolio to accelerate positive environmental impact well-beyond this initial 1GW of clean energy generation.”

Steve Ellis, co-managing partner of The Rise Fund.

Share. LinkedIn Twitter Facebook Email

Related Posts

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025
Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

09/07/2025
Hydrogen

Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game

08/07/2025
Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.