JP Casey

Arevon Energy has secured US$509 million in financing for its Kelso 1 and 2 PV projects in Missouri, which have a combined capacity of 430MW.

Solar and storage projects accounted for 84% of electricity generating capacity added in 2024, with solar seeing 50GW of new capacity.

Velto Renewables and Q Energy have announced plans to develop over 500MW of renewable energy capacity in Europe.

Avaada Electro has commissioned a 1.5GW module manufacturing facility in Noida, in the northern Indian state of Uttar Pradesh.

The European Investment Bank (EIB) has committed €250 million to support the development of Burgenland Energie’s 2GW solar and wind portfolio.

Suniva, Heliene and Corning have announced plans to build solar modules that will include 66% domestically-produced components.

Europe’s solar manufacturing sector heavily favours downstream products such as cells and modules, according to SolarPower Europe.

Adapture Renewables has secured US$321 million in finance from MUFG to support the development of a 441MW solar portfolio in the US.

SolarPower Europe has launched the International Solar Manufacturing Initiative (ISMI) to generate demand for European-made solar products.

Asset underperformance cost the global solar sector a record US$10 billion in lost revenue in 2024, according to Raptor Maps.