Solar glass provider Xinyi Solar has issued a profit warning after the price of solar glass fell and the price of key components and energy inputs rose.
South Korean developer SK D&D has signed a co-investment memorandum of understanding (MOU) with renewable energy investment fund manager Glennmont Partners to target opportunities in solar PV projects in South Korea.
The Australian Centre for Advanced Photovoltaics (ACAP) has received funding from the country’s new government to continue its solar research activities until 2030.
A project in Australia that could feature up to 17–20GWp of solar and 36–42GWh of energy storage has been categorised as investment ready by a government agency.
Sungrow was the world’s biggest PV inverter company in 2021, shipping 47.1GW of products and expanding its production facilities in Asia, according to research firm IHS Markit.
Investors Harith General Partners and African power provider Anergi Group have partnered to establish the Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy deployment across Africa and close the continent’s investment gap.
The world’s total solar capacity will reach 2,044GW by 2031, with China continuing to lead the way in deployment, making up nearly half (47%) of the world's 1,190GW net solar capacity additions through to 2031, according to research firm Fitch Solutions.
Brookfield Asset Management has raised US$15 billion as part of its Brookfield Global Transition Fund that will focus investments on the transition to a net zero carbon economy.