Financial & Legal

JP Casey explores some of the latest trends shaping Africa's solar sector, where the C&I segment in particular is surging ahead.

Sunnova's new customer additions continued to drop in the first quarter in 2024, but its adjusted EBITDA increased by over 200%.

Fortnum has sold its remaining share in a 185MW solar portfolio in India to the clean energy arm of Petronas subsidiary Gentari.

The US Department of Energy' SETO has launched an up to US$20 million funding opportunity through the 2024 Photovoltaics Research and Development.

Renewables asset owner Brookfield Renewable has signed an energy framework agreement with tech giant Microsoft that would bring over 10.5GW of capacity.

Of the total production volume, the company’s Series 6 modules accounted for 2.4GW, with the remaining production being the Series 7 modules. 

The first two solar PV projects from the sixth round of South Africa’s state renewable energy tender – representing 360MW capacity - have been approved and reached commercial close.

Chinese module manufacturer GCL System Integration Technology (GCL SI) has shipped 16.42GW of solar module capacity in 2023.

Major Chinese module manufacturer Trina Solar shipped more than 65GW of modules in 2023, growing its revenue by over 27% in 2022.

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.