Total has agreed to buy a 20% stake in Indian PV developer Adani Green Energy, as the French oil and gas major ramps up efforts to reach its global clean energy targets.
Following on from our recent piece on what is driving the largest ever wave of manufacturing capacity expansion announcements in the PV industry, a few real-world examples may shine further light on this topic.
Beijing Jingyuntong Technology Co (JYT) has secured four major large-area mono-wafer orders from PV module and solar cell producers totalling around RMB16.78 billion (US$2.6 billion) in the last few weeks.
Corporate investment in solar projects reached US$10 billion in the second half of last year, recovering from economic shock induced by COVID-19, new research by Mercom has revealed.