Will Norman

The EU has approved a law which will require companies to audit their supply chains for environmental damage and human rights abuse.

German engineering, procurement and construction (EPC) company Baywa r.e has begun building a 135MW/53MW co-located wind and solar PV project in Zaragoza, Spain.

NextEnergy Capital has inaugurated two solar PV plants with a combined 260MW generation capacity in Portugal and Spain.

US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.

Solar developer Lightsource bp has secured a US$140 million tax equity deal with Barclays for a 180MW PV project in Louisiana.

SJVN Green Energy, the subsidiary of Indian state-owned utility SJVN, has signed offtake agreements for 600MW of solar PV capacity with Rajasthan Urja Vikas and IT Services Limited (RUVITL).

Chinese solar manufacturing giant Canadian Solar shipped 30.7GW of solar modules and posted US$274 million in net income in 2023, both “record” figures for the company.

First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.

Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.

US solar company Sol Systems has secured US$250 million towards the construction of its 189MW Eldorado solar PV project in the state of Illinois.