Will Norman

The 1,000 inverters will be deployed at Summit Ridge’s projects across Illinois and Virginia starting in Q1 2025.

The modules themselves comprise 72 of Oxford PV’s perovskite-on-silicon cells with a conversion efficiency of 24.5%.

Arevon said that the transaction made use of the Inflation Reduction Act’s (IRA) tax credit transferability scheme.

Indian energy conglomerate Jakson Group will invest US$240 million to establish a 2.5GW solar cell manufacturing facility in India. It will also expand its module assembly capacity to 2GW.

Algeria’s state-owned power utility, Sonelgaz, proposed the 2GW plan to build 15 PV projects across the country.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

The portfolio consists of five sites spread across three autonomous communities - Castilla y León, Andalusia and Castilla-la Mancha.

The auction closed on 1st July almost twice oversubscribed after 4,206MW of applications were submitted for the 2,148MW of tendered capacity.

The St. George PV project will be built on the brownfield site of the former Silistra airport and constructed by three EPC contractors.

Major Chinese solar manufacturer JinkoSolar has posted increased sequential shipments and revenues in its Q2 2024 results.