Financial & Legal

A round-up of the latest news from the US solar market, including developments from Pivot Energy, Duke Energy and Engie NA.

Module price increases, higher raw material costs and logistical challenges will pull down the return on equity (ROE) for 25GW of India solar projects, with 5GW of those at high risk given when they submitted their bids.

Supply chain woes, spiralling energy prices and the COVID-19 pandemic have reversed the downward trend in average business interruption (BI) claims for renewables developers, with sector-wide average business downtime days up by 38% on 2016.  

TotalEnergies has made its “largest investment in US renewables” to date, acquiring a stake in developer Clearway Energy.

Canadian Solar has unveiled a new PV manufacturing strategy, bringing more upstream capacity inhouse to reduce its exposure to pricing volatility.

South Korean conglomerate Hanwha Group has said it will invest US$3.3 billion in solar and wind technology and intends to create a solar R&D hub in Korea as part of a massive investment strategy focused on several industrial areas.

Spanish renewables developer Grenergy is looking to expand its presence in Europe in five new markets in the wake of the continent's REPowerEU plan.

The European Union’s solar strategy has established a 740GWdc deployment target and a raft of supportive measures, but what does it and the REPowerEU plan mean for the industry? PV Tech Insights will answer all of your questions in our upcoming webinar.

Energy independence strategies and emerging technologies such as floating solar are helping bolster renewables investment across Europe.