The Pomerantz Law Firm has brought a class action lawsuit against Singapore-headquartered solar manufacturer Maxeon Solar Technologies concerning whether “Maxeon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.”
Europe imported around 33GW of solar PV modules from China in the first four months of 2024, representing 43% of total Chinese module exports, according to US energy analyst Clean Energy Associates (CEA).
New antidumping and countervailing duty (AD/CVD) tariffs in the US could result in increased solar cell and module costs “to a level that significantly restricts solar supply and installations in the US”, according to new analysis from Clean Energy Associates (CEA).
US solar manufacturer Toledo Solar has gone out of business. In a statement, the company said it “will be ending all research and development efforts and winding down operations effective immediately.”
The Chinese Ministry of Industry and Information Technology (MIIT) has issued a draft rule raising the minimum capital ratio for solar PV manufacturing projects to 30%.
Polish independent power producer (IPP) R.Power has signed a PLN 231 million (US$58.5 million) deal with the Polish Development Bank to develop a 72MWp solar PV portfolio.
Singapore-headquartered renewable energy developer Peak Energy has signed a memorandum of understanding (MOU) to pursue a 50MW rooftop solar portfolio in South Korea.
Germany generated more power from renewable energy sources in the first half of 2024 than at any other time in its history, according to a report from the Fraunhofer Institute for Solar Energy Systems (ISE).
