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Financial & Legal

Image: Maxeon

Maxeon sues Hanwha QCells over alleged US TOPCon cell patent infringement

April 22, 2024
Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against Korean-owned PV manufacturer Hanwha Qcells.
Image: Meyer Burger.

IEA PVPS report: Low module prices keep solar competitive as overcapacity persists

April 22, 2024
Low solar module prices kept solar PV competitive in the energy market in 2023 despite generally falling electricity prices.
Maxeon’s module production plant in Mexico. Image: Maxeon Solar Technologies.

Maxeon sues REC Solar over US TOPCon cell patent infringement

April 19, 2024
Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against module manufacturer REC Solar Holdings.
Trina Solar and PetroGreen sign trade deal

Trina Solar to provide 117MW of Vertex modules to PetroGreen for use in the Philippines

April 19, 2024
Trina Solar has signed a master sales agreement with PetroGreen to provide 117MW of modules to the latter’s projects in the Philippines.
Solar PV plant

Woodmac: Renewables firms’ higher gearing level more exposed to increased interest rates

April 19, 2024
The monetary environment over the next couple of decades is expected to remain much tighter than the "zero era" between 2009 and 2022.
Image: Stellantis/360Energy

Stellantis buys US$100 million stake in Argentinian 360Energy Solar

April 19, 2024
Automotive manufacturer Stellantis has acquired a minority stake in Argentinian renewable energy company 360Energy Solar.
485e4fbf-9191-46dd-a645-c711aecbb22e

EIB loans €150 million for Bhutan solar and hydro projects

April 19, 2024
The European Investment Bank (EIB) has signed a €150 million (US$159 million) loan to support the development of solar PV and hydropower plants in Bhutan.
Engie's 230MW Bernard Creek Solar Project in Texas. Image: Engie North America

Corporate solar financing hits US$8 billion in Q1 2024 – Mercom Capital

April 19, 2024
Corporate financing in the solar sector reached US$8.1 billion in the first quarter of 2023, according to energy analyst Mercom Capital.
Ecoener has solar projects in Guatemala, the Dominican Republic, Colombia, Honduras and Spain

Ecoener secures US$64 million green bond on 74MW Guatemalan PV plant

April 18, 2024
Spanish renewables developer Ecoener has secured US$64 million in green bond financing for a 74MW solar PV plant in Guatemala.
Solar panels in Minneapolis.

Clean energy accounts for 10% of global GDP growth in 2023, IEA says

April 18, 2024
Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth in 2023, according to a study from the IEA.

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