Chinese solar manufacturer Tongwei has planned to invest RMB20 billion (US$2.7 billion) in its Leshan project, in the Chinese province of Sichuan, to expand ingot pulling, slicing and cell production capacity, so as to accelerate the establishment of “China’s Green Silicon Valley”.
The Interstate Renewable Energy Council (IREC) has published an updated model rules that aims to accelerate and facilitate the interconnection of distributed resources to the grid.
Although the floating solar market is expanding, the top 10 countries that will have more than 500MW of cumulative floating solar installations by 2031 are entirely from Asia.
The US Department of Commerce has found that five Chinese solar PV manufacturers have been circumventing its import tariffs by relocating minor portions of their supply chains to Southeast Asia.
Chinese solar manufacturer LONGi has announced that it had shipped over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023.
Q2 2023 was one of the lowest periods for financial commitments to future renewable energy generation projects in Australia since 2017, according to trade body the Clean Energy Council (CEC).
Iberdrola's US subsidiary, Avangrid, has begun construction on its 240MW True North solar PV plant in Falls County, Texas. The project has a power purchase agreement in place with social media and data giant Meta.
Solar Module Super League (SMSL) member Canadian Solar has lowered its 2023 revenue guidance primarily due to rapid decline in solar module prices in Q2.
Investment in renewables in Southeast Asian countries could reach US$119 billion by 2027 driven by wind, solar and geothermal projects, according to energy research Rystad Energy.