Markets & Finance

In related Romanian news, Simtel has partnered with Monsson to develop, construct and sell 150MW of solar PV and/or hybrid projects.

South Africa's announced 10% import duty on solar modules poses challenges for developers with tighter profit margins.

Europe’s solar sector exceeded 800,000 full-time equivalent jobs for the first time in 2023, following record-breaking installation figures.

Tata Power to build a 2GW module plant in India, while Vikram Solar filed draft papers for its IPO and build a 3GW cell and module plant.

At RE+ 2024, one of the US' most prestigious solar events, Seraphim reasserted its presence by unveiling its latest cutting-edge solar modules.

BayWa has published its financial results for the first half of the year, which include total revenues of €10.7 billion (US$11.9 billion).

Investment manager Patrizia and Mitsui & Co have entered the Philippine solar PV market with binding agreements to acquire an interest in BEI, a rooftop solar PV developer.

California governor, Gavin Newsom, has vetoed a bill that would have allowed schools and apartment buildings to use self-consumption of solar PV.

Heliene has closed a US$50 million tax credit transfer sale to support its cell and module manufacturing expansion in the United States.

Meyer Burger has published its preliminary results for H1 2024, which include module sales of CHF43.4 million (US$51.5 million).