News

Europe’s solar manufacturing sector heavily favours downstream products such as cells and modules, according to SolarPower Europe.

The US Environmental Protection Agency (EPA) has reportedly unfrozen funds under its US$7 billion Solar For All Programme.

GRS, a part of Gransolar Group, has been contracted by Recurrent Energy to build a 171MW solar-plus-storage site in Victoria, Australia.

Adapture Renewables has secured US$321 million in finance from MUFG to support the development of a 441MW solar portfolio in the US.

The move is an effort to strengthen its financial position after reporting losses of €126 million in the first half of 2024.

SolarPower Europe has launched the International Solar Manufacturing Initiative (ISMI) to generate demand for European-made solar products.

SMA Solar posted preliminary net losses of €117.7 million (US$126 million) in 2024—down from €225.7 million in income last year.

The investment will allow the company to build a commercial-scale perovskite manufacturing plant in the US.

The Greenough River solar PV plant has been deemed the best-performing utility-scale solar asset in Australia in February 2025.

Asset underperformance cost the global solar sector a record US$10 billion in lost revenue in 2024, according to Raptor Maps.