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Signing ceremony between Masdar, SOCAR and development banks in Azerbaijan

Masdar, SOCAR secure EBRD financing on 760MW solar PV in Azerbaijan

November 18, 2024
The financing covers two solar PV plants, which include the 445MW Bilasuvar PV plant and the 315MW Neftchala solar project.
Image: Hawaiian Electric.

Australia reveals AU$125 million investment package for renewables in the Pacific

November 18, 2024
Australia has revealed an AU$125 million (US$80 million) investment package to support the rollout of renewable energy technologies across the Pacific region.
Freyr manufacturing facilities.
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‘Our long-term vision is solar-plus-storage’, Freyr says, following Trina module manufacturing plant acquisition

November 15, 2024
Freyr told PV Tech Premium that its acquisition of a Trina solar plant aims to build a solar and storage manufacturing space in the US.
sma solar inverters in germany

SMA Solar to slash jobs amid ‘persistently challenging’ residential PV market

November 14, 2024
In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.
An AXIAN Energy project in Senegal.

AXIAN secures US$89.2 million in finance for Kolda solar-plus-storage plant in Senegal

November 13, 2024
The EAAIF, FMO and DEG have invested €84 million (US$89.2 million) into AXIAN Energy’s Kolda solar-plus-storage portfolio in Senegal.
enphase 2023 financial results

Enphase to cut 500 jobs globally, ends manufacturing contract in Mexico

November 12, 2024
Microinverter supplier Enphase Energy has said that it will cut nearly 17% of its global workforce or nearly 500 employees.
LONGi offices.

LONGi’s Q1-3 2024 shipments reach 51GW, financial losses continue

November 11, 2024
Chinese solar manufacturing giant LONGi posted RMB1.26 billion (US$174.8 million) in losses in its Q3 2024 financial results.
Image: Unsplash

World installs 2TW solar PV, must double momentum to meet COP targets

November 11, 2024
The Global Solar Council announced that it will launch the International Solar Finance Group at the COP29 conference in Baku, Azerbaijan
A SUNfarming project.

I Squared Capital acquires German agriPV operator SUNfarming

November 8, 2024
Cube Green Energy, a subsidiary of US investment manager I Squared Capital, has acquired German agrivoltaics (agriPV) developer SUNfarming.
Last week, Sunrun unveiled its latest VPP programme that has been running in New York. Image: Sunrun

Sunrun grows installed solar and storage capacity by double-digits in Q3

November 8, 2024
In Q3 2024, Sunrun added 230MW of solar PV capacity and 336MWh of storage, both a double-digit increase from the previous quarter.

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