News

The Philippines will add approximately 1.99GW of solar capacity this year, according to the Philippines' Department of Energy (DOE).

Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.

US independent power producer (IPP) Enfinity Global has secured a US$195 million long-term financing for a 70MW solar PV plant in Japan.

US renewables developer energyRe has secured a total of US$240 million to finance the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina.

Sembcorp has signed two 18-year power purchase agreements (PPAs) with Equinix to supply 75MW of solar power to the latter’s facilities.

Boviet Solar will build its first North American production facility in Greenville, Pitt County, in the US state of North Carolina.

Swedish solar manufacturer Midsummer has selected the municipality of Flen in central Sweden to build a 200MW thin-film solar cell facility.

Singapore-headquartered solar manufacturer Gstar Solar has broken ground on a silicon rod and wafer-slicing plant in Indonesia.

Leading Chinese module manufacturer JinkoSolar has published its financial results for the first quarter of 2024, which include over 21GW of shipments and total revenues of RMB23.04 billion (US$3.19 billion), a slight year-on-year (YoY) fall.

Solar developer Lightsource bp has secured €315.34 million (US$337.5 million) for a 560MWp solar PV project in Greece.