News

Solar Steel has signed a deal to supply Spanish firm Global Energy Services (GES) with 50MW of its 1P trackers.

BNZ has secured a €166 million (US$185.4 million) loan from the European Investment Bank (EIB) for 700MW of new solar capacity in Europe.

According to Alight, the portfolio facility is thought to be the first of its kind in the Nordics, with the first three projects already financed.

Hoymiles has started commercial operations at its first overseas factory, a manufacturing facility in Monterrey, Mexico.

Non-profit organisation Climate Council has signalled that Australia, the global leader in rooftop solar PV installations, could add a further 26.4GW by the end of the decade, bringing its total to 49.4GW.

The total solar workforce in the US reached nearly 280,000 workers at the end of 2023, according to IREC's Solar Jobs Census report.

One of the “market signals” the company cited is an increase in negative electricity prices across Europe, as supply exceeds demand.

The world is on pace to add 593GW of new solar power capacity in 2024, a 29% increase over the capacity added in 2023.

Modules will need to pass the 2021 version of the IEC 61215 testing series if they are to be approved by the CEC.

The aid will take the form of direct grants and will be open for companies producing solar panels and batteries among others.