Energy tech company AES has reaffirmed its annual growth target of between 7-9% through to 2025 and expects to add 5GW of renewables, up from a previous target of 4GW, under long-term contracts this year after performing better than expected so far, according to its Q3 results released yesterday
Spanish solar tracker manufacturer Soltec reported a net loss of €100,000 (US$120,000) in Q3 and a €20 million (US$23 million) loss in the first nine months of the year due to “significant international disruptions”, according to its Q3 financial results released today
‘Solar Module Super League’ manufacturer JinkoSolar is to invest RMB450 million (US$70.3 million) in Tongwei Solar subsidiary Sichuan Yongxiang Energy Technology to help finance a 100,000MT “high-purity” polysilicon facility.
nverter manufacturer SolarEdge posted record revenues from its solar division in Q3 2021 despite a COVID-related shutdown at its manufacturing facility in Vietnam impacting its ability to meet demand.
Swedish thinfilm solar cell manufacturer Midsummer will receive roughly €38 million (US$44 million) worth of financial incentives to build a 50MW factory in Bari, Italy.