Markets & Finance

SJVN Green Energy, the subsidiary of Indian state-owned utility SJVN, has signed offtake agreements for 600MW of solar PV capacity with Rajasthan Urja Vikas and IT Services Limited (RUVITL).

Several European countries have underestimated the deployment of solar PV by 205GW by 2030, according to energy think tank Ember’s latest report.

Chinese solar manufacturing giant Canadian Solar shipped 30.7GW of solar modules and posted US$274 million in net income in 2023, both “record” figures for the company.

Excelsior Energy Capital has sold a 38-project solar-plus-storage portfolio, with a combined capacity of 89MW, to BlackRock.

First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.

JA Solar has signed memoranda of understanding with three Pakistani companies to supply 600MW of n-type PV modules.

The German Bundesnetzagentur has published the results of a renewables auction, which saw tenders granted for 264MW of rooftop solar capacity.

The European Parliament has approved a law requiring member states to deploy solar installations on buildings and renovate them to improve their energy efficiency.

Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.

ACEN will provide BrightNight with resources to fund its buildout in the Philippines and long-term growth in the country.