News

The sixth PPE2 tender for ground-mounted solar ended up slightly oversubscribed as the French government tendered for 925MW of PV capacity.

In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.

The Northern Territory government in Australia has proposed developing an AU$400 million (US$259 million) renewable energy hub featuring six solar PV power plants in the region.

Australia’s Pacific Blue, a renewable energy generator and retailer, has been granted council approval for a 300MW solar-plus-storage expansion in North Queensland.

State-owned China Energy Investment Corporation (CHN Energy) has completed a 1GW floating solar PV facility in the Shandong Province of China.

The announcement was made by the country’s president, Ilham Aliyev, during the opening ceremony of the Conference of the Parties 29 (COP29) summit, held in Baku, Azerbaijan.

US EPC contractor SOLV Energy has built over 13GW of solar PV capacity and remains the leading EPC contractor as of the third quarter of 2024.

Lithuanian lawmakers have adopted legislation designed to limit the ability of Chinese inverter manufacturers to remotely access the country’s solar and wind power plants.

The EAAIF, FMO and DEG have invested €84 million (US$89.2 million) into AXIAN Energy’s Kolda solar-plus-storage portfolio in Senegal.

Masdar and the Albania Power Corporation (KESH) have announced plans to build a “gigawatt-scale” renewable power portfolio in Albania.