Markets & Finance

China’s total installed PV capacity reached 540GW at the end of October, according to figures released by the country’s National Energy Administration.

India’s residential rooftop solar potential could reach 32GW, representing huge potential growth as the installed capacity is only 2.7GW now.

Solar Module Super League (SMSL) member Trina Solar has signed a memorandum of understanding (MOU) with Australian solar wholesale distributor Solar Juice which will see the latter buy 1GW of Trina Solar modules.

Emeren has published its financial results for the third quarter of the year, posting a revenue of US$13.9 million.

Parliament’s decision has been met with both approval and some trepidation by representatives in the European solar industry. It will now pass to negotiations with the European Council to clarify its specifics.

Of its three major operational markets – the US, Europe and Latin America – Grenergy particularly highlighted Chile as a fulcrum for leveraging up its solar and storage businesses.

Clēnera's affiliate Country Acres Clean Power has entered into a busbar PPA with SMUD for a 392MWdc/344MWac solar project in California.

Summit Ridge Energy and PureSky Energy have established financing facilities, while Mainstream has closed funding for a 97.5MW solar project.

Investment bank Macquarie Asset Management has launched a new onshore renewable energy business division Aula Energy, developing renewables including solar in Australia and New Zealand.

Thin-film manufacturer First Solar is well placed to weather any downturn in PV manufacturing going into 2024.