News

From January to May this year, 251 new solar projects became operational in the US, with a combined capacity of 10,669MW.

Total global corporate funding for solar on the other hand is down year-on-year, according to Mercom Capital Group.

US utility PacifiCorp and rPlus Energies signed a power purchase agreement (PPA) for the Green River Energy Center project in 2022.

US-based PV manufacturer Mission Solar Energy has unveiled three new modules aimed at commercial and industrial and utility-scale projects.

Saudi Arabia's PIF has signed two solar PV manufacturing agreements with Chinese manufacturers JinkoSolar and TCL Zhonghuan Renewable Energy.

Vietnam has planned to buy excess electricity generated by residential and commercial rooftop solar modules.

Chinese solar manufacturing giant JinkoSolar will build a 10GW n-type solar cell and module manufacturing facility in Saudi Arabia.

US-based software provider Aurora Solar has acquired solar design tool Lyra to grow its business in residential plan set services and automation.

US energy project developer Avangrid has begun to produce power from the 321MWdc/238MWac True North solar project in Falls County, Texas.

North America is expected to be the major market for solar trackers in the upcoming years driven by increased installations in the US.