Lithuanian energy supplier Green Genius has secured €9.5 million (US$10.07 million) from investment and insurance company INVL towards building 500MW of renewables projects in Romania.
India's solar module exports to the US and Europe will likely to peak in 2025 and experience a decline starting from 2026 as domestic manufacturing plants will be operational in these regions, according to a recent research from energy analyst JMK Reseach.
The agreements cover two solar projects and one onshore wind project as they are the first phase of a 10GW pipeline of renewables projects in Azerbaijan signed in 2022.
US residential solar installer Sunnova's new customer addition slightly dropped to over 37,000 in the third quarter this year, while its net loss in the same quarter increased to US$56.5 million year-on-year.
The EU has been increasing its cumulative solar capacity over the years and facing several challenges simultaneously, particularly the influx of solar modules this year.
Multiple European solar associations have published an open letter, calling for the EU to develop industry strategy for the European solar PV sector and opposing the introduction of tariffs and trade barriers.
The Australian Renewable Energy Agency (ARENA) has committed AU$358 million (US$227.8 million) to new projects during the year from 1 July 2022 to 30 June 2023, while it has also assigned AU$41.5 million for ultra low cost solar, a new focus since last year.
Thin-film manufacturer Ascent Solar has received positive feedback from the US Department of Energy (DOE) for its agrivoltaics technology, and the company will now apply for funding for the development of a proposed agrivoltaics system.
