News

Mercom India has published its latest research into Indian rooftop solar, finding that India installed 367MW of new capacity in Q1 2024.

Indian renewables developer Avaada Energy has secured a 1050MW contract in a tender issued by the government’s Renewable Energy Implementing Agency (REIA) and National Thermal Power Corporation (NTPC).

Brookfield intends to acquire French independent power producer (IPP) and renewables and energy storage developer Neoen.

Solar manufacturer Qcells has partnered with Lumet, a specialist in solar cell metallisation technology, to reduce the cost of its cell production lines.

Sunmind, a subsidiary of construction firm VINCI Concessions, has acquired solar developer Helios Nordic Energy for US$73 million.

A new report from the Lawrence Berkeley National Laboratory found that new solar and wind capacity drove US$249 billion of economic benefits.

Maxeon Solar Technologies posted net losses of US$14.87 million in its Q1 2024 financial results. It also announced that its future utility-scale solar business will be “focused exclusively on the US”.

Renewables developer EDP Renewables North America has built a 157MW solar PV project in Arkansas, marking the company’s entry into the state.

The US government has proposed new regulations regarding tax credits for the owners of renewable energy and energy storage facilities eligible for support under the Inflation Reduction Act (IRA).

Fraunhofer ISE has developed a TOPCon solar cell with a power conversion efficiency of 24%, which is comprised of M10 silicon wafers.