The total corporate funding into the global solar sector increased by 55% in Q1 2023 compared with Q4 2022, and 11% year-on-year compared with the same period in Q1 last year.
US-based clean energy company Avangrid has signed a memorandum of understanding (MOU) with the Navajo Tribal Utility Authority (NTUA) with a view to developing 1GW of solar, wind and energy storage assets.
Spanish utility Iberdrola has installed more than 4.5GW of solar PV capacity across the markets it operates due to new capacity added in Australia, Spain and Brazil in the first quarter of 2023.
Solar PV manufacturer Astronergy has signed a deal with Romanian energy company EXIMPROD Grup to supply 200MW worth of its PV modules to the group’s pipeline of five solar projects.
UAE state-owned renewable energy developer Masdar has acquired a 50% stake in a 128MW/160MWh solar-plus-storage project from EDF Renewables North America.
As the PV industry reckons with its social and environmental impact and the byproducts of its processes, beyond the near-term questions over provenance and manufacturing ethics, concerns at the horizon of a module’s lifespan are coming more and more into focus.
Solar Module Super League (SMSL) member Canadian Solar has consolidated its global solar development and services business under its Recurrent Energy brand, which was previously limited to its North America operations.
