News

Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has revealed that large-scale solar PV capital costs have fallen by 8% in Australia for the second year running.

Indian solar module manufacturer Waaree Energies has formed an Australian wholly-owned subsidiary called Waaree Renewable Energies Australia Pty Limited.

The company recorded losses of US$179.1 million in Q3, with revenues of US$88.5 million, in a continually difficult year.

US$14 million net losses for the quarter compared with net income of US$4 million in Q2 2024 and US$22 million in Q3 2023.

Encavis has commissioned a 114MW solar park in Borrentin, Germany, the largest project in its German portfolio.

The US Treasury and IRS have released their final rules for the implementation of the Section 48 Investment Tax Credit (ITC).

Singapore-headquartered solar manufacturer EliTe Solar has commissioned a solar cell production plant in Indonesia.

French independent power producer Reden has recently launched a module assembly line with an annual nameplate capacity of 200MW in France.

SunDrive Solar has partnered with Capral Aluminium to build a sustainable and domestic supply chain for solar PV in Australia.

Nir served as the company’s chief marketing executive since June 2024 and will succeed Ronen Faier, who served as interim CEO of the company since August 2024.