Developing, sourcing, building and maintaining solar PV projects routinely runs into the millions of dollars of long-term investment, and the impacts of serious theft on a solar asset owner can result in lost revenues, lost energy generation and sometimes lost insurance and ability to operate.
The Sri Lankan government has issued a request for proposals (RFP) for a 70MW ground-mount solar PV tender, via its electricity development and coordination body, the Ceylon Electricity Board (CEB).
Solar project developer and asset owner Photon Energy Group has posted reduced revenues and EBITDA in its financial results for the first nine months of 2023, which the company attributed to “lower realised electricity prices and a slow-down in PV components trading”.
US EPC company McCarthy Building Companies has begun construction on four solar PV projects in Texas and Arizona, with a view to achieving compliance with IRA incentives.
Chinese solar manufacturer Huasun has claimed a “record-breaking” power output and conversion efficiency for its heterojunction technology (HJT) modules.
US distributed solar asset owner Spruce Power has posted increased sequential revenues and adjusted EBITDA in the third quarter of 2023, as its total portfolio of residential solar assets and contracts increased to over 75,000.
The Indonesian state utility PLN and UAE state-run renewables developer Masdar have inaugurated the 192MWp (145MWac) Cirata floating solar PV (FPV) plant in the West Java province of Indonesia.
US renewables asset manager Arevon Energy has reached financial close on its 157MW/150MW (600MWh) Vikings solar-plus-storage project in Imperial County, California.
