Financial & Legal

The tax credits, which amount to nearly US$40 million, were generated by sales of PV inverters made in the US during the first half of 2024.

The “Carolinas Resource Plan” is Duke Energy’s proposal for its two-state energy system which connects the Carolinas.

The price of solar panels in Europe has declined for a sixth month in a row, according to the latest pv.index report.

Primergy has secured US$225 million in project financing to support its “Valley of Fire” portfolio across Nevada, Arizona and Colorado.

Recurrent Energy and APS sign tolling agreements and Avantus sells a solar-plus-storage project to DESRI in Arizona.

The Amicus was filed against FOMB's legal attacks on Act 10, a law that extended Puerto Rico's net metering programme until 2030.

Swiss-based solar manufacturer Meyer Burger has registered a net loss of CHF317 million (US$365 million) in the first half of 2024, a nearly fivefold increase from H1 2023 when it had a net loss of CHF65 million.

For a seventh consecutive quarter, US solar PV tracker manufacturer Nextracker has had a sequential growth in its backlog which sits at over US$4.5 billion.

The latest ‘PV ModuleTech Bankability Ratings Quarterly’ report reveals a Chinese sector on the verge of widespread company insolvencies.

Yesterday, the bank launched a new tax equity investment “product” through its Energy Finance business aimed at renewable energy projects.