News

PV manufacturer Meyer Burger has posted the financial results for 2023 with net loss increasing by 318% to CHF292 million (US$330.6 million).

US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.

Trina Solar has improved the power conversion efficiency of its Vertex N series of TOPCon modules by 0.3%.

Solar developer Lightsource bp has secured a US$140 million tax equity deal with Barclays for a 180MW PV project in Louisiana.

Maharashtra State Electricity Distribution Company (MSEDCL) has launched a tender to procure power from solar PV projects with a capacity of up to 5GW.

SJVN Green Energy, the subsidiary of Indian state-owned utility SJVN, has signed offtake agreements for 600MW of solar PV capacity with Rajasthan Urja Vikas and IT Services Limited (RUVITL).

US solar analyst Raptor Maps has found that asset underperformance and equipment issues cost the global solar sector US$4.6 billion in 2023.

Several European countries have underestimated the deployment of solar PV by 205GW by 2030, according to energy think tank Ember’s latest report.

The first project scheduled to receive delivery from the facility is Spanish developer Acciona Energia’s 480MWp Aldoga solar PV plant.

The Samarkand and Jizzakh solar power plants use more than 11,000 Vanguard 1P trackers supplied by TrinaTracker.