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TCL Zhonghuan Renewable Energy is Maxeon's largest shareholder and invested almost US$200 million in the company this year.

Estimates for the whole of 2024, taking into account the numbers of 2023, would put curtailments of renewables at over 4.5TWh, said ACERA.

Board chair Christine Detrick cited an "ongoing disconnect between the share price and our view of intrinsic value."

The US added 18.5GWac of utility-scale solar capacity in 2023, and added 14.3GWac of such capacity in the first eight months of 2024.

In its World Energy Outlook 2024 report, the IEA said that geopolitical tensions and fragmentation are “major risks” for international energy supply security

Advances in AI will lead to a “paradigm shift” in solar asset management, with a range of complex analytics and plant performance processes becoming as simple as talking to a chatbot.

As has been the case in many of Germany’s recent solar PV auctions, the innovation tender ended up oversubscribed with 1.8GW of capacity.

The Australian Renewable Energy Agency (ARENA) has allocated AU$5.4 million in funding to create Australia’s first ‘net zero suburb’ in the 2515 postcode of New South Wales.

LONGi has launched its latest product, the Hi-MO X10 module, designed for use in the distributed solar sector.

The decision has been forecast for some months and was welcomed today by Holland Solar, the Dutch solar association, which acknowledged that the current scheme is “no longer sustainable”.