News

The company reported record full-year revenue of to $872.7 million, compared to $647.9 million for the prior-year period.

Sungrow has provided its central inverters to a 187MW solar project in Germany that has been developed by utility EnBW without state funding.

Lightsource BP has secured a power purchase agreement (PPA) with electricity company Snowy Hydro to supply 88 service stations in New South Wales, Australia with solar energy.

India will introduce a 40% basic customs duty on solar modules and 25% duty on cells as of April 2022 to cut the reliance on imports and expand the country’s PV manufacturing base.

In the full-year 2021, Daqo said it expects to produce approximately 80,000 to 81,000MT of polysilicon, compared to 77,288MT in 2020. The slight increase will be due to debottlenecking activities.

The government of New South Wales has earmarked AU$750 million (US$578.5 million) to invest in climate action projects in a bid to reach net-zero carbon emissions by 2050.

US community solar provider Nexamp has closed a US$440 million credit facility for a 380MW portfolio of PV and energy storage assets.

Green investment group Foresight Solar’s net asset value took a hit last year, driven by declining power price forecasts in some of its key markets.

Airtouch Solar, an Israel-based provider of robotic module cleaning technology, is looking to enter new markets after raising US$18 million in an initial public offering (IPO).

GCL-Poly said in a financial filing that its FBR produced silicon had met a number of quality standards in-line with the Siemens process, while in certain parameters outperforming the dense silicon materials.