Companies

In January the South African government released an amendment to its energy action plan that lowered the local content requirements of solar modules deployed on government-backed schemes from 100% to 30%. The move was unsurprising to many, and may speak to the overwhelming rise of private projects in the country’s PV sector.

Solar module manufacturer Seraphim Energy Group has launched a new TOPCon (tunnel oxide passivated contact) series of solar PV modules.

German utility RWE has completed its acquisition of Con Edison Clean Energy, expanding its US portfolio of solar PV and wind projects to 8GW.

Saudi energy provider ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan to be financed by the country’s Ministry of Investment, Industry and Trade.

Portuguese utility EDP has announced its investment strategy for the coming years, establishing a €25 billion (US26.5 billion) plan to achieve 33GW of deployed renewables capacity by 2026.

Chinese solar panel manufacturer Astronergy has delivered 154.4MWdc of modules to Germany to build a TOPCon PV plant. 

Chinese technology company Huawei will supply string inverters and smart transformer stations to a 205MW PV and wind farm in Poland.

FTC Solar narrowed its loss in Q4 2022 and is expecting improvement in operation this year thanks to the recovery in the US market.

A round-up of the latest PV project news from the US, including two funding news, construction of solar projects in Florida and Renewable Properties closing its Fund 8 portfolio with two financing partners.

Industrial conglomerate Baywa Group plans to sell Solar Trade, an international solar trading business that is part of BayWa r.e.