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.
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.
Investment company AtlasInvest has backed a new renewables development platform that is aiming to deliver 2.7GW of projects across Europe by the end of next year.
Hanwha Solutions Corporation has agreed to buy a 16.67% stake in Norwegian polysilicon manufacturer REC Silicon in a deal worth around US$160 million, with the South Korean chemical company looking to reopen REC Silicon’s 20,000MT polysilicon factory in the US
Microinverter supplier Enphase Energy has entered the electric vehicle (EV) charging sector with the acquisition of charging station manufacturer ClipperCreek.
UK investment and asset management firm Low Carbon and US insurance company Massachusetts Mutual Life (MassMutual) have teamed up to build a global independent power producer (IPP) that has a stated target of 20GW of renewables by 2030.
Utility and renewables developer Ignitis Group is bolstering its position in Poland through the acquisitions of companies that are currently developing solar projects with a combined capacity of up to 80MW in the country.
Sunpro Solar has been cited by the US Department for Labour (DOL) for exposing its workers to fall hazards after an investigation at a Naples, Florida work site and is facing US$160,000 in penalties for the violation
