Markets & Finance

Data released this week by American Clean Power Association (ACP) showed that, since mid-2022, US$500 billion of investment has been planned for clean energy production and generation projects in the US.

Australian startup SunDrive Solar has revealed that it has undergone a restructuring of the company, resulting in job cuts, as it looks to “sharpen focus on solar”.

In the three months to 30th June 2024, SunRun generated total revenue of US$523.8 million, down YoY from US$590.1 million in Q2 2023.

Israel-headquartered solar inverter supplier SolarEdge has reported a quarterly decline in shipments in the second quarter of 2024 with 873MW.

This is JERA Nex’s first foray into the US solar market and was executed in partnership with JERA Americas.

The €50 million green loan will support the design, construction and operation of five solar PV projects in Castilla y Leon and Extremadura.

Romania’s Ministry of Energy has approved the Contracts for Difference (CfD) which seeks to attract 5GW of solar PV and wind capacity by the end of 2025.

The partnership aims to build two solar PV plants - Sidi Bouzid and Tozeur solar projects – each with 60MW of capacity.

The average price of monofacial n-type solar modules in Europe fell 13% over the month, from €0.128/Wp to €0.113/Wp.

Blueleaf Energy has reached financial close for a 200MW solar-plus-wind hybrid project, under development in Madhya Pradesh, India.