News

Global investment in solar in the first half of 2023 increased by 43% year-on-year (YoY) to reach US$239 billion, but renewable energy investment was still far below the required amount to reach the net zero goal by 2050.

Polish renewables developer PAD RES has secured PLN240 million (US$58.7 million) in financing for the construction of 117MW PV plants in Poland.

Bulgarian-headquartered solar engineering company SUNOTEC has begun construction on a 1.1GW portfolio of projects across Germany.

Clēnera has started operations at its 105MW Apex Solar facility in the US state of Montana, one of the largest solar projects in the state.

Renewables developer European Energy will build a 115MW solar PV project in Latvia, which it says will be one of the largest projects in the country.

The Australian government’s green bank Clean Energy Finance Corporation (CEFC) has increased its renewable energy investment to a record of AU$1.2 billion (US$770 million) in the 2022-23 year.

China has announced a plan to establish a recycling system for retired solar PV panels by 2025.

The California Energy Commission has revealed that solar generation in California has increased more than twentyfold between 2012 and 2022.

Three German solar PV companies have partnered to invest €2 billion (US$2.2 billion) to build a vertically integrated manufacturing capacity.

Risen Energy has started commercial production of its Hyper-ion heterojunction solar modules, which boast a conversion efficiency of 23.89%.