News

There are currently over 40GW of Chinese-made solar modules in storage across Europe with a cumulative value of around €7 billion (US$7.8 billion), according to data from research firm Rystad Energy.

Terabase has raised US$25 million for its terafab project, which aims to increase the number of automated processes in solar manufacturing.

The Interstate Renewable Energy Council has revealed a 3.5% growth in the number of jobs in the US solar sector between 2021 and 2022.

Madagascar has launched invitations to tender for two solar PV project with a combined capacity of 210MW.

Nordic independent power producer (IPP) Scatec has secured US$102 million in funding to support its Release by Scatec platform.

Complexul Energetic Oltenia has signed contracts with two Romanian power companies to build solar projects with a combined capacity of 735MW.

Solar power purchase agreement prices in Q2 2023 in North America have dropped for the first time since Q1 2020 thanks to the increase in incorporating benefits of the Inflation Reduction Act and a stabilised solar supply chain.

State-owned Solar Energy Corporation of India has launched a tender for 1GW of domestic solar modules from manufacturers in India.

The Philippines Department of Energy (DOE) has awarded 1.96GW of solar PV projects in its most recent Green Energy Auction Round (GEA2).

Enel Green Power Chile has started commercial operations at its 398MW Guanchoi solar plant, Chile's largest single solar facility.