Markets & Finance

Maxeon has published losses of US$7.8 million, alongside falling module shipments, in its financial results covering Q2 2024.

The Brazilian Development Bank (BNDES) has raised R$1.14 billion (US$200 million) to support the development of 402MW of new solar capacity.

Consisting of eight utility-scale PV projects, which will be located in the central and northern Italian regions of Lazio and Emilia Romagna.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

Trina Solar has published its results for the first half of 2024, which include module shipments of 34GW and total revenue of US$6.05 billion.

Both companies aim to build the 1,150MW solar PV portfolio in the Khavda region, which is located in the western Indian state of Gujarat.

Despite India’s ambitious solar targets, challenges remain on policy, financing and grid infrastructure. Simon Yuen talks to experts in the solar industry to examine the challenges and opportunities in the Indian market.

The auction closed on 1st July almost twice oversubscribed after 4,206MW of applications were submitted for the 2,148MW of tendered capacity.

On Saturday (31 August), the Australian Renewable Energy Agency (ARENA) opened the first round of its AUS$1 billion Solar Sunshot programme.

The stalking horse bid from Complete Solaria was set at US$45 million earlier this month when SunPower filed for Chapter 11 bankruptcy.