News

US thin-film module manufacturer First Solar has signed a deal with Spanish developer Matrix Renewables to supply 2.1GW of thin-film modules.

US residential solar installer Sunnova has recorded a reduced adjusted EBITDA year-on-year of US$28.1 million for the second quarter of 2023 although its revenue increased by 13.2%.

Spanish utility Iberdrola has added 500MW of solar capacity during the second quarter of 2023, bringing the total to nearly 5GW.

Indian independent power producer (IPP) ReNew Power and Malaysian Gentari’s Indian subsidiary, Gentari Renewables India, have established a joint venture (JV) to target 5GW of new renewable energy capacity.

The Michigan Public Service Commission has approved a plan put forward by US energy company DTE Energy to install solar and wind in the state.

SunPower has released its preliminary financial results for the second quarter of this year, which include a net loss of US$30 million.

Santander and ib vogt have concluded a financing deal to provide €350 million for solar projects under construction in the latter's portfolio

The Tennessee Valley Authority (TVA) – a US utility headquartered in Knoxville – has ordered 279MW of First Solar’s cadmium telluride thin-film solar PV modules to outfit its Lawrence County Solar Project in Alabama, due to come online in 2027.

The European Investment Bank (EIB) has granted a €575 million (US$637 million) loan to Spanish oil major Repsol to roll out 1.1GW of renewables in Spain.

Czech independent power producer (IPP) Rezolv Energy has acquired the rights to build and operate a 229MW solar plant in Bulgaria.