Photon Energy has reached more than 420MWp of PV projects under development, as the Netherlands-based renewables company weathered the impacts of COVID-19 on its financial performance last year.
Major China-based polysilicon producer Xinte Energy is to expand polysilicon production by 20,000MT to meet ongoing demand from its plant in Xinjiang province, despite recently announcing plans to build a planned 200,000MT plant near the city of Baotou, Inner Mongolia.
Three US utilities have hit out at proposed changes to Texas’s energy market that they say would lead to new costs for solar facilities and curb investment in the state’s renewables sector.
There was a more than fourfold increase in corporate solar funding in Q1 2021 compared with the same quarter last year, amid strong demand for PV assets globally, according to new analysis by Mercom Capital.
Israeli developer Solegreen has invested US$104 million in solar installer Kuubix to help it pursue an "aggressive" expansion strategy across its core markets in the US.
As the market moves away from power purchase agreements, the possibility for a new breed of investors comfortable with market risk is emerging alongside the potential for some larger investors to bring trading in-house.
While recent solar auctions in Spain and Portugal have made headlines with low prices and high levels of participation, the power purchase agreement market will be key to helping both countries reach their 2030 solar deployment targets, it was suggested during a panel discussion.
Solar industry players should collaborate with governments and regulators to overcome floating PV permitting and bankability issues and unlock the potential of the technology in Europe, a panel has concluded.
