Financial & Legal

Iberdrola has unveiled plans to double its spend on renewables, taking its investment from €75 billion (US$91 billion) by 2025 to €150 billion (US$182 billion) by 2030.

PV module manufacturer Maxeon Solar Technologies is to appoint a new CFO, Kai Strohbecke, from March 15 2021, seven months after its spinoff from SunPower subsequent and NASDAQ IPO.

Strong installs expected in China, India and other markets as supply chain concerns ease and costs drop further

Solavio Labs, an Indian start-up that provides autonomous solar panel cleaning technology, is expanding its footprint to North America and the Middle East after securing fresh funding.

BayWa r.e. has bolstered its digital services offer through the acquisition of software platforms and data science teams of German firm Kaiserwetter.

Italian oil major Eni has made its first renewables investment in Spain, securing a deal to acquire three PV projects from local developer X-Elio.

This year’s 26th UN Climate Change Conference of the Parties (COP26) could be a catalyst for growth in the private solar market.

Major ‘Solar Module Super League’ (SMSL) member JinkoSolar has secured a three-year solar glass supply contract with Flat Glass Group, totalling the equivalent of 59GW of PV modules.

US solar installer SunPower reported a 2.9% increase in annual revenue in 2020 despite total installations falling 5% in what the company has described as a transformational year.

Shorter purchasing contracts with private companies could be a "lucrative" short-term source of income for Poland's solar market.