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India’s Navitas Solar raises US$5 million, funding PV module manufacturing growth

May 2, 2023
Indian module manufacturer Navitas Green Solutions (Navitas Solar) has raised US$5 million aimed to expand its current solar manufacturing capacity.
Wacker_Polysilicon_Plant_Charleston_Tennessee_-_Credit_Wacker

Wacker Chemie polysilicon sales take a dip in Q1 2023

May 2, 2023
German chemical group Wacker Chemie has started the first quarter of 2023 with lower polysilicon sales volume.
A 500MW solar project in India. Image: Risen Energy.

Risen Energy reports 56% revenue growth in a tech-led 2022

May 2, 2023
Chinese PV manufacturer Risen Energy saw significant profit and revenue growth in 2022 as the company looked to expand its module production capacity and develop new technologies.
JinkoSolar's TOPCon panels will be used at the Ar Rass 2 and Al Kahfah projects. Image: Jinko Solar

Jinko Solar’s quarterly profit up 18%, expects module shipments to reach 70GW in 2023

April 28, 2023
Jinko Solar has posted an improved financial result for the first quarter of 2023, as its net income attributable to ordinary shareholders increased by 18.6% quarter-on-quarter.
The storage facilities should have a minimum capacity of 30% of the total installed power generation capacity. Image: Raphael Cruz via Unsplash

US electric business CenterPoint Energy to add 200MW of solar by 2030

April 28, 2023
Indiana-based electric company CenterPoint Energy will switch to solar and wind to generate 80% of electricity by 2030.
Image: Reden

Reden Solar to add new module assembly line to enhance capacity to 200MW

April 28, 2023
French solar company Reden Solar has announced a plan to increase its new solar module production capacity to 200MW a year by 2024.
The ceremony took place earlier this week. Image: X-Elio

X-Elio breaks ground on 72MW/60MW solar-plus-storage project in Texas

April 28, 2023
Spanish renewable energy developer X-Elio has broken ground on a co-located solar and storage project across Liberty and Harris Counties in Texas.
Image: RWE

RWE sees declined adjusted EBITDA in onshore wind and solar despite improved group business

April 28, 2023
German utility RWE has reported an improved financial result in the latest quarter but the adjusted EBITDA of onshore wind and solar decreased by more than 20%.
First Solar manufacturing plant

First Solar US thin-film modules sold through 2026, backlog passes 70GW

April 28, 2023
Thin-film module manufacturer First Solar has reached a module backlog of 71.6GW and sold all its allocated US capacity through 2026.
Image: Nordic Solar

Danish energy business Nordic Solar adds 83MWp Swedish projects into portfolio

April 28, 2023
Danish solar energy company Nordic Solar has added two solar parks with a capacity of 83MWp in Sweden to its portfolio. 

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