Companies

PV balance of system (BOS) solutions provider Shoals Technologies is expected to continue its growth this year thanks to the increased demand for its new products, while its adjusted EBITDA in 2022 increased by more than 47.8% year-on-year, according to the latest financial results.

Solar tracker manufacturer Soltec posted net profits of €13.1 million (US$13.9 million) for the year 2022, a €14 million increase on 2021 which saw a €1.2 million loss for the company.  

Husk Power CEO explains how a portfolio of 200 solar mini-grids in India, Tanzania and Nigeria are now investible, unlocking the door to scaling in a sector that is key to national electrification programmes in emerging economies.

Solar developer Heelstone Renewable Energy has closed a US$175 million credit facility with investment company BlackRock.

Solar and energy storage project development company Savion has signed an agreement to buy 2.6GWdc of modules from First Solar.

JA Solar intends to fund the construction of a major PV manufacturing facility by issuing convertible bonds to raise up to RMB8.96 billion (US$1.3 billion).

As renewables investor Cubico Sustainable Investments recently acquired a solar project in Brazil, PV Tech talked to the company about the outlook for the market.

Internet connection and data centre provider Equinix has signed five power purchase agreements (PPAs) in Spain with a capacity of 225MW.

Lightsource bp and First Solar have agreed a 4GW module supply deal for US projects to be delivered between 2026-28.

US independent power producer (IPP) Silicon Ranch has expanded its master supply deal with domestic PV module manufacturer First Solar, bringing the total agreed supply between the companies to 6.2GW.