Markets & Finance

REC Silicon has secured a US$40 million term loan from Hanwha International LLC, a subsidiary of Korean conglomerate and REC majority shareholder, Hanwha Solutions.

A JinkoSolar subsidiary has filed a patent infringement lawsuit against LONGi in Japan, demanding LONGi cease its 'infringement actions'.

The company will continue to list on the New York Stock Exchange under its NEP ticker symbol until 3rd February.

Figures suggest that the European solar sector is seeing unprecedented levels of employment but the rate of new job creation is slowing.

December 2024 saw 2GW of power purchase agreements contracted in Europe, making it the second strongest month of the year for off-take deals.

The report from clean energy think tank Ember showed solar PV accounting for 11% of EU electricity while coal fell to historic lows of 10%.

Silicon Ranch and United Power have signed a power purchase agreement (PPA) for the former’s 150MW Byers Solar Farm in Colorado.

Utility-scale solar and storage developer Solar Proponent has inked 1.6GWac of power purchase agreements (PPAs) across four solar PV power plants in Texas, US.

The Australian government has allocated an additional AU$2 billion (US$1.25 billion) to its green bank, the Clean Energy Finance Corporation (CEFC), to support renewable energy generation and energy storage.

Counties in Texas can expect to receive tax revenue of as much as US$18.8 million by locating a 100MW solar project on their land.