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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 will utilize the Chociwel and Wągrowiec solar farms – located approximately 600 km northwest and 300 km west of Warsaw, respectively. Image: Statkraft.
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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.
The Low Carbon modules achieve a carbon footprint of just 285kg CO₂eq/kW, among the lowest for silicon-based panels globally. 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.
Close-up of First Solar-made solar panels from a PV project in the US state of Texas by Swift Current Energy

Google finances Swift Current Energy 800MW solar PV project in Illinois

August 21, 2024
In related news, Google has signed a strategic long-term agreement with independent power producer Energix Renewables to develop 1.5GW PV.
The land of the proposed Gračanica solar portfolio.

EBRD and UniCredit to finance 50MW solar portfolio in Bosnia and Herzegovina

August 15, 2024
The European Bank for Reconstruction and Development (EBRD) has provided a €25.1 million loan for 50MW of solar in Bosnia and Herzegovina.
NexWafe workers.

Anza launches PV module price database for US solar sector

August 14, 2024
Anza has launched a new programme to provide industry decision-makers with real-time information on solar products.

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