Companies

A leading German solar distributor has predicted “crazy” ongoing pricing pressures in Europe as the PV industry continues to face huge product oversupply and competition prompted by the easing of the recent energy crisis in Europe.

Soltec has published its financial results for the first quarter of 2024, which include revenues of €121 million (US$130 million).

The European Bank for Reconstruction and Development (EBRD) has formed a joint venture with German energy company Goldbeck Solar Investment to develop up to 500MW of solar PV in Ukraine.

The Global Solar Council (GSC) has unveiled a new brand, and a new working strategy built around three 'pillars'.

Singapore-based data centre platform Digital Edge has signed an agreement with renewable energy developer Peak Energy Investments to power data centres across the Asia-Pacific region.

Brookfield intends to acquire French independent power producer (IPP) and renewables and energy storage developer Neoen.

Maxeon Solar Technologies posted net losses of US$14.87 million in its Q1 2024 financial results. It also announced that its future utility-scale solar business will be “focused exclusively on the US”.

Singapore-headquartered solar manufacturer Maxeon has failed to sue fellow manufacturer Aiko Solar over alleged solar technology patent infringement.

Solar project developer Recurrent Energy has secured a €674 million (US$730 million) revolving credit facility to expand its European solar and battery energy storage system (BESS) portfolio.

Singapore-headquartered solar manufacturer Maxeon has received a notice of non-compliance from the Nasdaq stock exchange for failing to file its financial statements on time.