Chinese solar cell manufacturer Aiko Solar plans to issue a global depository receipt and apply for a listing on the Swiss Stock Exchange to improve its competitiveness.
With silicon material and wafer prices on the rise, the impact is being felt further downstream amid warnings module prices could continue increasing this month.
German IPP SUNfarming Group has extended its relationship with investor HANSAINVEST Real Assets through a €50 million (US$53.8 million) mezzanine financing agreement to develop PV projects in Poland.
2022 saw the arrival of DAS Solar as one of the PV industry’s rising stars, the five-year-old company attracting strategic investment from, among others, China Merchants Venture Capital, Three Gorges Capital and Yongfu Shares.
Renewables asset owner Brookfield Renewable has reported 2022 net income of US$138 million, improving from a loss in the same period a year earlier of US$66 million. Whilst in Q4 2022, it recorded net income of US$60 million, increasing from US$33 million in Q4 2021.
A round-up of the latest news from the power purchase agreement market, including a virtual PPA between EDF and Thermo Fisher Scientific in Texas, Engie signing a 116MW PPA with Digital Realty in Germany and PG&E securing 30MW of community solar PPAs.
Agrivoltaics developer Pristine Sun Corporation has secured US$250 million in financing to develop and expand its projects in California, Texas and Louisiana, as well as further afield across the continental US.
The solar industry of the future could see frontier markets become core countries for investment while developers may explore more decentralised projects to overcome land challenges.
