News

UAE state-owned renewable energy developer Masdar has signed a memorandum of understanding (MoU) with Citaglobal Berhad to develop 2GW of solar, storage and wind projects in Malaysia.

Cero Generation has purchased Univergy Solar’s 50% stake in Nara Solar, taking full ownership of the Spanish solar developer.

Increased solar PV and wind generation contributed to lower wholesale electricity prices in Australia in Q2 2023, according to the Australian Energy Market Operator (AEMO).

Renewable energy investor Modus Asset Management has secured €58 million to acquire a 93MW operational solar PV portfolio in Poland.

Energy company AES Andes has reached commercial operation of a 180MW solar-plus-storage plant in Antofagasta, Chile.

German chemical group Wacker Chemie has posted the financial results for the second quarter of 2023 with its polysilicon sales dropping by about 9.7%.

Mytilineos has released its financial results for the first half of 2023, with its energy sector posting a total turnover of €1.99 billion.

US cadmium telluride (CdTe) thin-film module manufacturer First Solar has unveiled its intention to build a fifth US manufacturing facility, adding 3.5GW annual capacity in 2026.

Solar tracker supplier Nextracker has reported a 19% rise in year-on-year revenues for Q2 2023 (Q1  financial year (FY) 2024), to US$479.5 million.

Canadian solar manufacturer Heliene has announced plans to build around 1GW of solar module assembly and 1.5GW of solar cell production capacity in the US.