Markets & Finance

The US Department of Energy' SETO has launched an up to US$20 million funding opportunity through the 2024 Photovoltaics Research and Development.

Renewables asset owner Brookfield Renewable has signed an energy framework agreement with tech giant Microsoft that would bring over 10.5GW of capacity.

Of the total production volume, the company’s Series 6 modules accounted for 2.4GW, with the remaining production being the Series 7 modules. 

First Solar will supply 170MW of Series 6 Plus bifacial modules and 287MW of Series 7 modules to MN8's projects in the US.

Under the agreement, First Solar will supply its Series 6 Plus bifacial thin-film PV modules to the St. Louis-based company. 

The first two solar PV projects from the sixth round of South Africa’s state renewable energy tender – representing 360MW capacity - have been approved and reached commercial close.

Chinese module manufacturer GCL System Integration Technology (GCL SI) has shipped 16.42GW of solar module capacity in 2023.

Major Chinese module manufacturer Trina Solar shipped more than 65GW of modules in 2023, growing its revenue by over 27% in 2022.

The company's CEO Detlef Neuhaus said operating production in Germany was extremely difficult economically.

Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.