Maria Popova of the European Federation of Energy Traders makes the case for power purchase agreements from renewable sources, as the sheer volume of renewables growth required to reach Europe’s climate target means that public financial support is unlikely to be sufficient for the task, and market-based instruments and mechanisms need to be deployed alongside.
Decreasing polysilicon average selling price (ASP) has reduced by a third China-based polysilicon manufacturer Daqo New Energy’s revenue in the third quarter of 2023.
Solar Module Super League (SMSL) member JinkoSolar shipped 21.3GW of solar modules and 1.2GW of cells and wafers in Q3 2023, an increase of 21.4% sequentially and 108.2% year-on-year (YoY).
Lithuanian energy supplier Green Genius has secured €9.5 million (US$10.07 million) from investment and insurance company INVL towards building 500MW of renewables projects in Romania.
US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.
US residential solar installer Sunnova's new customer addition slightly dropped to over 37,000 in the third quarter this year, while its net loss in the same quarter increased to US$56.5 million year-on-year.
