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Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Daqo Q1 net income drops 71%, expects ‘many market players’ to go bankrupt

April 30, 2024
Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.
Enfinity-Global-secures-US195-million-financing-for-70MW-solar-PV-plant-in-Japan

Enfinity Global secures US$195 million for 70MW solar PV plant in Japan

April 30, 2024
US independent power producer (IPP) Enfinity Global has secured a US$195 million long-term financing for a 70MW solar PV plant in Japan.
Dominion Energy's Seabrook solar project in South Carolina. Image: Dominion Energy

US developer energyRe bags US$240 million for 108MW/198MWh solar-plus-storage project

April 30, 2024
US renewables developer energyRe has secured a total of US$240 million to finance the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina.
Sembcorp solar project.

Sembcorp signs 18-year PPAs to supply 75MW of solar power to Equinix data centres

April 30, 2024
Sembcorp has signed two 18-year power purchase agreements (PPAs) with Equinix to supply 75MW of solar power to the latter’s facilities.
A First Solar project.
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Four strategies to unlock millions in untapped value through solar module procurement

April 29, 2024
The dollar-per-watt metric has traditionally formed the basis of PV module purchasing, but this formula can lead to costly mistakes.
Image: SunPower.

Sunpower to cut 1,000 jobs, admits misstatements in financial results for 2022

April 24, 2024
SunPower will reduce workforce and close business segments as the latest steps to simplify business structure and lower costs.
The US has been blocking the import of some solar imports from China since the UFLPA come into effect last June Image: Port of Los Angeles.

First Solar, Qcells and others launch AD/CVD petition to DOC

April 24, 2024
A group of US-based solar manufacturers have filed an antidumping and countervailing duty (AD/CVD) petition to the US Department of Commerce (DOC) and International Trade Commission (ITC).
Image: Iberdrola

Iberdrola Q1 profits and EBITDA rise, plans expanded investment in 2024

April 24, 2024
Spanish utility Iberdrola posted increased profits and earnings before interest, taxes, depreciation and amortisation (EBITDA) in Q1 2024.
NextEra Energy's Sunshine Gateway solar project in Florida. Credit: NextEra Energy

NextEra net income up 8.7% in Q1 2024, subsidiaries’ performances vary

April 23, 2024
US renewables developer NextEra Energy has posted an improved financial results for the first quarter of 2024, with net income increasing by 8.7%.
El Rocio solar plant in Spain

Matrix Renewables secures €179 million financing to build 239MW of Spanish PV

April 23, 2024
Spanish developer Matrix Renewables has secured €179 million (US$191 million) in financing for a 239MW Spanish solar PV portfolio.

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