Will Norman

Swiss-owned solar manufacturer Meyer Burger has clarified the terms of its recently-announced rights issue, designed to raise money towards its US manufacturing expansion plans.

US solar manufacturer Silfab Solar has signed a supply deal for US-made solar glass with PV recycling firm, Solarcycle.

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)”.