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Solar park in Latvia from independent power producer Sunly.

Sunly secures €300 million to fund 1.3GW renewables portfolio in Baltics and Poland

August 28, 2024
One of the first projects to benefit from Sunly's securing the €300 million debt financing is a 244MW solar PV plant in Estonia.
Image: EDP Renewables.

Microsoft signs ‘Singapore’s biggest’ solar deal, green energy deal in India for 637.6MW total

August 28, 2024
Tech giant Microsoft has signed agreements with RenNew in India and EDP Renewables in Singapore to secure 637.6MW of solar PV energy in Asia.
An Enfinity Global PV project under construction in Lazio, Italy. Image: Enfinity Global

Enfinity Global closes €500 million investment for 1.5GW Italian PV portfolio

August 27, 2024
Enfinity Global is currently building 416MW of capacity in Italy across 17 projects, which have secured long-term power purchase agreements.
Representatives of Gstar and Siraj Group signing a memorandum of understanding to build a module assembly plant in the UAE

Gstar to build 2GW module assembly plant in UAE

August 27, 2024
Construction is expected to start in November, with the 2GW module assembly plant built in the United Arab Emirates (UAE).
Daqo_polysilicon_plant_2019

Daqo sells polysilicon at lower price than production cost in Q2 2024

August 27, 2024
Daqo New Energy's polysilicon average selling price dropped from US$7.66/kg in Q1 2024 to US$5.12/kg in Q2 2024, while its average production cost sat at US$6.19/kg.
Statkraft's Talayuela Solar project in Spain.
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Minimising financial risk as new PPA buyers and sellers join the solar sector

August 23, 2024
With the involvement of new companies in solar, this influx of actors without experience could pose risks for solar project financing.
KeyState Renewables' Athur II solar project.

Generate and KeyState close investment fund for 53.5MW of New York community solar

August 23, 2024
Generate Capital and KeyState Renewables have closed their third joint fund, which has supported the development of 53.5MW of community solar.
Image: Canadian Solar

Canadian Solar shipments and revenues increase in Q2 2024 amid low module prices

August 22, 2024
Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
Image: PJ Gal-Szabo via Unsplash.

EBRD finances 315MW solar PV projects in Romania

August 21, 2024
Consisting of two projects, the Iepuresti (169MW) and Ghimpati (146MW) plants are located in the southeastern region of Muntenia.
An Emeren solar project.

Emeren reports 106% revenue growth in Q2 2024

August 21, 2024
Emeren has announced its financial results for the second quarter of this year, which include revenue of US$30.1 million.

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