Financial & Legal

The stalking horse bid from Complete Solaria was set at US$45 million earlier this month when SunPower filed for Chapter 11 bankruptcy.

Major Chinese solar manufacturer JinkoSolar has posted increased sequential shipments and revenues in its Q2 2024 results.

LONGi Solar said that wafer prices had continued to fall below the cost since the second quarter of the year.

Construction of the Rosamond South I project, in Kern County, has already started and is expected to reach commercial operations in 2025.

One of the first projects to benefit from Sunly's securing the €300 million debt financing is a 244MW solar PV plant in Estonia.

Tech giant Microsoft has signed agreements with RenNew in India and EDP Renewables in Singapore to secure 637.6MW of solar PV energy in Asia.

Enfinity Global is currently building 416MW of capacity in Italy across 17 projects, which have secured long-term power purchase agreements.

Construction is expected to start in November, with the 2GW module assembly plant built in the United Arab Emirates (UAE).

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.

With the involvement of new companies in solar, this influx of actors without experience could pose risks for solar project financing.