Markets & Finance

Construction of the Rosamond South I project, in Kern County, has already started and is expected to reach commercial operations in 2025.

Seraphim will ship 300MW of modules to Vertys, predominantly 585W n-type tunnel oxide passivated contact (TOPCon) and 610W rectangular-cell modules.

One of the first projects to benefit from Sunly's securing the €300 million debt financing is a 244MW solar PV plant in Estonia.

Adelaide-headquartered renewable energy developer ZEN Energy has signed a 10-year power purchase agreement (PPA) with developer Enel Green Power Australia to secure green energy produced from 98MW solar PV project in New South Wales.

Tech giant Microsoft has signed agreements with RenNew in India and EDP Renewables in Singapore to secure 637.6MW of solar PV energy in Asia.

Enfinity Global is currently building 416MW of capacity in Italy across 17 projects, which have secured long-term power purchase agreements.

Construction is expected to start in November, with the 2GW module assembly plant built in the United Arab Emirates (UAE).

Daqo New Energy's polysilicon average selling price dropped from US$7.66/kg in Q1 2024 to US$5.12/kg in Q2 2024, while its average production cost sat at US$6.19/kg.

Zvi Lando had been in the post for five years and served as SolarEdge’s VP of global sales for ten years prior to that.

With the involvement of new companies in solar, this influx of actors without experience could pose risks for solar project financing.