Markets & Finance

Indian solar module manufacturer Waaree Energies has entered in a share purchase agreement with Italian renewables company Enel Green Power Development for the acquisition of its Indian subsidiary.

Under its Home Renovation Savings Program the state government will offer rebates for 30% of the cost of adding solar modules or BESS.

Chile has curtailed a record 5,909GWh of solar PV and wind power in 2024, up 121% from the previous year, according to trade body, the Chilean renewable energy and energy storage association (ACERA).

We close our round of interviews with a look at the Italian market, which has had legislative setbacks in 2024 that may continue in 2025.

Investment firm EQT has acquired US-based distributed energy company Scale Microgrids for an undisclosed amount.

The US Department of Commerce (DoC) has awarded polysilicon producer Hemlock Semiconductor up to US$325 million in direct funding.

Linea Energy has closed project debt financing for a 109MWdc utility-scale solar PV power plant in Wilcox County, Georgia, in the US.

The high cost of capital and growing community opposition to projects will be pressing challenges for the European solar industry in 2025.

Finlay Colville, head of market research at PV Tech, reveals the top ten PV module suppliers last year which comprises only Chinese manufacturers.

Origis Energy has closed a US$415 million finance package for its 145MW Swift Air Solar project currently under construction in Texas.