News

Danish renewables firm European Energy has secured €68 million (US$73.4 million) in financing for a 148MWp solar PV plant in Latvia.

The company said its Full Black double-glass module, based on n-type TOPcon cell technology, has a conversion efficiency of 22.8%.

Despite last year seeing a record 73GW of renewable energy utility-scale tenders, it has also witnessed a rise in undersubscribed tenders

Europe’s solar manufacturing sector heavily favours downstream products such as cells and modules, according to SolarPower Europe.

The US Environmental Protection Agency (EPA) has reportedly unfrozen funds under its US$7 billion Solar For All Programme.

GRS, a part of Gransolar Group, has been contracted by Recurrent Energy to build a 171MW solar-plus-storage site in Victoria, Australia.

Adapture Renewables has secured US$321 million in finance from MUFG to support the development of a 441MW solar portfolio in the US.

The move is an effort to strengthen its financial position after reporting losses of €126 million in the first half of 2024.

SolarPower Europe has launched the International Solar Manufacturing Initiative (ISMI) to generate demand for European-made solar products.

SMA Solar posted preliminary net losses of €117.7 million (US$126 million) in 2024—down from €225.7 million in income last year.