News

SolarPower Europe has called on the EU to increase its renewable energy target to 45% by 2030, which it said would result in an extra 210GW of solar capacity installed and put the continent on a strong trajectory to reach climate neutrality by 2050

The US House of Representatives has passed Joe Biden’s Build Back Better act, which now moves to the Senate where negotiations will continue over the legislation that includes clean energy and climate investments totalling US$555 billion.

Dutch solar installer Zonneplan has launched its first ‘smart grid’ system called Slimme energie (Smart Energy) that will offer customers energy based on real-time prices

Investment bank Macquarie is acquiring a 90% interest in French independent solar power producer Apex Energies Group from a consortium of investors.

JA Solar has revealed plans to build a 5GW module assembly plant in Chaoyang City, Liaoning Province.

Utility-scale renewables developer Intersect Power has secured US$2.6 billion in financing for the construction and operations of a portfolio of solar and energy storage projects in California and Texas.

Canadian Solar has warned of solar cell overcapacity next year, slamming the breaks on its own cell manufacturing expansion plans while accelerating on its module assembly roadmap.

Michigan utility Consumers Energy will add 375MW of new solar PV capacity across three projects in the state as part of its Clean Energy Plan

Maxeon Solar Technologies is revamping its logistics strategy after a shipping “logjam” attributed to the module maker missing its Q3 shipments guidance.

Solar investor and asset manager NextEnergy Capital Group (NEC) is said to be looking to sell a portfolio of solar projects in Italy for more than €400 million (US$453 million), according to Reuters.