Will Norman

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.

Axpo will offtake a combined 1,500GWh of solar PV and wind power annually from RWE Renewables Poland’s 628MW capacity project portfolio.

US renewable energy developer Arevon has begun construction on the 251MW Gibson solar PV project in Gibson County, Indiana.