Portugal’s electricity regulator has said higher than forecasted solar and wind generation has allowed it to propose a 2.6% reduction in regulated tariffs to protect consumers in the country from soaring energy prices.
Polysilicon producer Daqo New Energy has received approval from the Shanghai Stock Exchange for a private offering on China’s A-share market to support its capacity expansion.
The heads of five major energy trade bodies in Europe have written to the European Union and member states urging them not to change the current power price setting mechanism in light of the continent’s energy crisis and instead pursue greater renewables rollout.
Inverter manufacturer SolarEdge benefited from high demand for its products in Europe to increase revenues to a quarterly record while navigating a shortage of electronic components.
A bipartisan group of US senators has waded into the contentious anti-dumping circumvention investigation, strongly urging the Biden administration to expedite the review.
Australian utility Origin Energy has acquired a large-scale solar farm development project co-developed by Reach Solar Energy and PwC Australia in New South Wales, Australia.
US thin-film manufacturer First Solar recorded a US$43.3 million loss in its Q1 2022 mostly caused by a drop in sales, with the company expecting a “challenging 2022 from an earning standpoint” given ongoing supply chain constraints.
Indian Independent power producer (IPP) ReNew Power has signed a number of offtake agreements with both state utilities and corporates in India totalling roughly 2GW.
