Companies

US cadmium telluride (CdTe) thin-film solar manufacturer First Solar is facing a class action lawsuit investigation into its business practices following a downgrade in its stock.

LONGi Green, Tongwei, JA Solar, TCL Zhonghuan and Aiko Solar are projecting a combined 2025 deficit of RMB28.9-32.8 billion (US$4.1-4.7 billion).

CleanPeak Energy has completed the acquisition of five solar and battery energy storage system (BESS) development sites in New South Wales from Fortitude Renewables, adding 25MW of solar capacity and 100MWh of battery storage to its portfolio.

US solar firm SunPower has signed a letter of intent to acquire California-based residential and commercial installer Cobalt Power Systems in an all-equity transaction. 

Lightsource bp has signed a virtual PPA with Toyota Motor North America to sell electricity generated at its 231MW Jones City 2 solar farm.

Analysis: As Eging PV comes under pressure to repay investment in an incomplete manufacturing facility, China’s solar manufacturers face an uphill struggle to put recent challenges behind them.

Parts of China saw Global Horizontal Irradiation (GHI) reach 20% more than the long-term average (LTA) figures in 2025.

Renewables firm Pattern Energy has entered into a definitive agreement to acquire independent power producer Cordelio Power.

The Chilean copper mining firm Codelco has secured US$600 million in climate financing to support its plans to fully decarbonise its energy supply.

LONGi hosted a 'green tech for a shared future' event at COP30, which emphasised the importance of the integration of renewable technologies.