Financial & Legal

A leading German solar distributor has predicted “crazy” ongoing pricing pressures in Europe as the PV industry continues to face huge product oversupply and competition prompted by the easing of the recent energy crisis in Europe.

Global grid capacity needs to grow 2.5 times its current size, and annual expenditure on grids must more than double to US$970 billion by 2050, according to a new report from DNV.

Lawrence Berkeley National Laboratory (LBNL) research shows that the use of solar panels on US homes can cut energy burden to as low as 1.3%.

The Sun Investment Group (SIG) has secured a debt facility to support its development of 1.97GW of new solar capacity in Poland.

The price of solar PV modules has hit bottom in the US, in response to the latest antidumping and countervailing duty (AD/CVD) petition and solar tariffs.

US insurer kWh Analytics has released its latest Solar Risk Assessment report, which explores how extreme weather is affecting solar farms.

The US International Trade Commission has decided to continue its investigation into the imports of crystalline silicon PV cells from Southeast Asia.

Investment in solar PV is expected to surpass all other generation technologies combined with over US$500 billion, according to a report from the International Energy Agency (IEA).

Solar module demand increased in Europe in May, according to data from solar wholesaler sun.store, as buyers’ confidence rose and the price of bifacial modules fell.

Recurrent Energy, the solar project development subsidiary of global solar manufacturer Canadian Solar, has made an initial closing on BlackRock’s investment.