Solar module manufacturer Maxeon Solar Technologies has posted a slightly dropped financial performance as its adjusted EBITDA for the second quarter of 2023 decreased by 2.4% to US$30.2 million.
Inverter manufacturer Sungrow has signed an agreement with Indian comglomerate Larsen & Toubro to supply 2.2GW inverters for a hydrogen project in Saudi Arabia.
The EU will need to create a more resilient supply chain, improve the grid, and reexamine multiple constraints to achieve a more orderly energy transition, according to a study conducted by analysis company McKinsey.
The cumulative community solar capacity in the US will reach 14GW by 2028, according to Wood Mackenzie and and the Coalition for Community Solar Access.
Nextracker and electronics component manufacturer Asteelflash, a subsidiary of electronics design and manufacturing company Universal Scientific Industrial (USI), have opened a manufacturing line to produce Nextracker’s patented components for solar tracking technology in California.
A framework agreement has been signed between developer Vena Energy and key technology suppliers to a cross-border clean energy ‘hybrid megaproject’ in Indonesia.
The Saudi Fund for Development (SFD) has signed a loan agreement with the government of Belize to build a 60MW solar power plant in Central American country.
With multiple European countries submitting their revised National Energy and Climate Plans (NECPs) in recent months, the European Union (EU) is targeting an extra 90GW of solar capacity by 2030.
