News

Round-up of news from China with Saudi Arabian power developer ACWA Power partnering with two Chinese companies, state-owned China Energy Engineering wins bid to develop a floating solar (FPV) project in the Philippines and Guodian Power invests in 2GW Saudi PV project.

Struggling Swiss solar manufacturer Meyer Burger has started a mergers and acquisitions process with interested third-party buyers.

The letter said the IRA has brought “significant investments in the health of our economy" and US$500 billion in manufacturing investments.

Global solar corporate financing has decreased 24% in 2024, compared to the previous year, with US$26.3 billion, according to market research firm Mercom Capital Group.

Improving access to data and shortening interconnection processes are key priorities for the US grid, says the Department of Energy (DOE).

The domestic content bonus could attract bipartisan political support and insulate the IRA ahead of Donald Trump's inauguration next week.

According to Qcells, the recipient companies are allegedly producing and selling products using laser enhanced contact optimization technology, for which it holds the patent.

Emirati state-owned renewable energy project developer Masdar has entered the Philippines market with plans to develop 1GW of solar PV, wind and battery energy storage systems (BESS).

Australia’s Energy Corporation of New South Wales (EnergyCo) has formally increased the amount of renewable energy generation and energy storage projects that can connect to the Central-West Orana Renewable Energy Zone (REZ) to 7.7GW.

The agreement will support the construction of six PV plants, with a combined capacity of 724MW, which will be sited to support Google’s data centre operations.