The heads of five major energy trade bodies in Europe have written to the European Union and member states urging them not to change the current power price setting mechanism in light of the continent’s energy crisis and instead pursue greater renewables rollout.
Inverter manufacturer SolarEdge benefited from high demand for its products in Europe to increase revenues to a quarterly record while navigating a shortage of electronic components.
A bipartisan group of US senators has waded into the contentious anti-dumping circumvention investigation, strongly urging the Biden administration to expedite the review.
Australian utility Origin Energy has acquired a large-scale solar farm development project co-developed by Reach Solar Energy and PwC Australia in New South Wales, Australia.
US thin-film manufacturer First Solar recorded a US$43.3 million loss in its Q1 2022 mostly caused by a drop in sales, with the company expecting a “challenging 2022 from an earning standpoint” given ongoing supply chain constraints.
Indian Independent power producer (IPP) ReNew Power has signed a number of offtake agreements with both state utilities and corporates in India totalling roughly 2GW.
Solar Energy Industries Association (SEIA) has slashed its US solar installation forecasts by 24GW over the next two years following the US government’s decision to investigate the circumvention of duties in Southeast Asia, claiming 100,000 solar jobs will be lost as a result.
Heterojunction cell and module manufacturer Meyer Burger has started development of a new module facility with an additional 400MW in Germany to cater for European demand.
