News

Norwegian start-up Otovo has secured NOK 300 million (US$33.7 million) through a private placement to support the expansion of its solar marketplace into six new European countries.

and smart infrastructure in the Middle East, Africa and Asia, with investments earmarked for a portfolio of projects exceeding 1GW.

India’s Production Linked Incentive (PLI) scheme is expected to add up to 40GW of additional cell and module manufacturing capacity in the country as it operates in tandem with the country’s upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service company.

Tongwei has warned of ongoing tight supply of solar PV materials after recording a jump in 2021 revenue in excess of 50%.

New measures from Italy’s government to accelerate and simplify renewables deployment have been largely criticised by the country’s solar industry.

Renewables investor and developer Econergy has secured more than €200 million (US$227 million) through two joint ventures (JVs) to support the construction of part of its project pipeline in Eastern Europe.

Independent power producer Azure Power has turned to Ecoppia for robotic cleaning services for 400MW of solar PV.

Researchers in Saudi Arabia have reported the “the first ever” successful damp-heat test of perovskite solar cells, which they claim has moved the technology closer towards commercial viability after it withstood 1,000 hours of harsh conditions and maintained a 95% efficiency.  

French electrical equipment group Schneider Electric has acquired a controlling stake in EnergySage that will see the US-based solar marketplace provider look to scale its business globally.

Module manufacturer and energy solutions company Q CELLS has begun selling its new Q.Peak DUO-G10 panel in Europe, which the company said is its “most powerful solar module ever”.