News

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

The investment will allow the company to build a commercial-scale perovskite manufacturing plant in the US.

The Greenough River solar PV plant has been deemed the best-performing utility-scale solar asset in Australia in February 2025.

Asset underperformance cost the global solar sector a record US$10 billion in lost revenue in 2024, according to Raptor Maps.

Thin-film solar manufacturer First Solar has decided to reduce its module production output in Malaysia and Vietnam for a combined 1GW in 2025.

Europe’s solar buyers are showing increased optimism for the sector, in spite of fluctuations in module prices across technologies.

Solar manufacturer Solx Energy has signed a PV frame supply agreement with steel frame producer Origami Solar for its module assembly plant in Puerto Rico.

Array Technologies expects that 100% of its trackers will be eligible for domestic content benefits n the first half of 2025.

Despite revenue improvements, the company signalled doubts over its ability to continue operations and stay afloat over the coming year.

Ellomay Capital has closed financing for a 198MW portfolio of solar assets it plans to build and operate in Italy.