The US’s blocked solar supply chain combined with the threat of operational modules being damaged by extreme weather could leave project developers and asset owners at risk of revenue loss as replacement equipment becomes hard to source.
Solar equipment manufacturer SC Solar has signed a 5.2GW heterojunction module automation production line supply agreement with Indian conglomerate Reliance Industries.
Solar tracker manufacturer Nextracker, a subsidiary of Flex, intends to list on the Nasdaq Global Select Market after having publicly filed a registration statement for a proposed initial public offering of its common stock.
Sky-high electricity prices and an increasing urgency to curb fossil fuel led to a surge in European solar additions last year. Jules Scully charts how the continent’s ongoing energy crisis is affecting EU renewables policy and PPA appetite.
Higher interest rates in the second half of the year slowed down corporate funding in the global solar sector to US$24.1 billion in 2022, according to research from Mercom Capital Group.
PV manufacturer Goldi Solar is planning to participate in India’s expanded production-linked incentive (PLI) programme as it bids to ramp up its module and cell production to 6GW and 5GW, respectively, by the end of 2025.
Concerns have been raised that the US solar industry’s reputation could be impacted by underperforming assets if investors do not see their return profiles being realised several years down the line.
NovaSource co-founder discusses creating a data-led solution to draw asset owners away from in-house O&M, as well as how the firm will use its new capital from OMERS.
German rooftop solar installer Enpal has closed its Series D funding round with €215 million (US$230 million) in funding from a group of investors led by TPG Rise Climate, the dedicated climate-investing subsidiary of TPG Rise.
