Financial & Legal

Following the implementation of the US’ Uyghur Forced Labor Prevention Act (UFLPA) on 21 June, the EU has come under increasing pressure to enact similar measures, with upcoming legislation potentially holding big implications for the region’s solar sector.

Silicon metal provider Elkem has posted a seventh consecutive quarter of climbing earnings, resulting in a record performance in Q2 2022.

Keppel Energy Nexus has landed a contract to pilot a membrane-based nearshore floating solar PV (FPV) system at Jurong Island, Singapore using FPV company Ocean Sun’s technology.

Totalenergies has launched legal action against major solar manufacturer Trina Solar, alleging fraud and breach of contract relating to a 900MW+ module order.

Germany generated a record amount of power from solar PV on Sunday, with this expected to be repeated over the coming days amid a fierce heatwave across western Europe, according to Bloomberg.  

India’s government will stop the electronic reverse auctions of renewables projects in the country amid fears it is leading to “unhealthy competition”.

JA Solar is forecasting to ship as much as 40GW of modules this year as it expects its n-type cell capacity expansion to deliver next year.

Macquarie-backed developer Cero Generation has claimed an industry first by launching Greece's maiden private PPA-backed utility-scale solar project.

Solar and wind trade bodies have united to organise the Africa Renewables Investment Summit to drive renewable energy financing in the continent.

TRC Companies has acquired solar PV and storage engineering company Blue Oak Energy, strengthening its renewable energy capabilities.