News

Solar project developer and asset owner Photon Energy Group has posted reduced revenues and EBITDA in its  financial results for the first nine months of 2023, which the company attributed to “lower realised electricity prices and a slow-down in PV components trading”.

Latin America and the Caribbean need to double financing for clean energy projects to US$150 billion by 2030 to fulfil the Announced Pledges Scenario (APS), according to the International Energy Agency’s Latin America Energy Outlook.

US EPC company McCarthy Building Companies has begun construction on four solar PV projects in Texas and Arizona, with a view to achieving compliance with IRA incentives.

Global alternative asset manager Blackstone is lending US$200 million towards the construction of new solar PV projects in the US by Altus Power.

Singapore-based energy company Sembcorp has announced an agreement to buy 245MW of renewables projects in Vietnam.

A total of AU$150 million will be made available for applications focusing on regional decarbonisation of industrial process heat and off-road transportation.

Chinese solar manufacturer Huasun has claimed a “record-breaking” power output and conversion efficiency for its heterojunction technology (HJT) modules.

SMA Group has posted an improved financial results for the first nine months of 2023, with sales increasing by more than 84% year-on-year.

The European Commission has approved a €1.7 billion (US$1.8 billion) scheme to support the deployment of 1.04GW of agrivoltaics projects in Italy.

JinkoPower has signed a power purchase agreement (PPA) with the Saudi Power Procurement Company for the 400MW Tabarjal solar PV project.