Markets & Finance

The European Solar Manufacturing Council (ESMC) has written an open letter to the EU calling for “robust regulation” of forced labour in the solar supply chain.

Solar PV systems generated about 59.9TWh of electricity in 2023, up by about 1% year-on-year, according to a Fraunhofer ISE study.

India-based renewables developer Avaada Group has signed a memorandum of understanding (MoU) with the Indian government of Gujarat to develop 6GW of hybrid solar-wind capacity.

Greek renewables developer Mytilineos has reached financial close on four solar PV projects in Chile, combining 588MW of capacity.

Apex and Microsoft have signed a power purchase agreement (PPA) that will see the latter buy electricity from the Wheatsborough solar project

Europe has to find a balance between a rapid need to scale up PV manufacturing capacity and innovation to remain competitive, according to a report from The European Technology & Innovation Platforms for Photovoltaics (ETIP PV).

Sonia Dunlop and Alyssa Pek of the Global Solar Council reflect on how solar's inclusion in the COP28 agreement can spur the industry to new growth.

Eni Plenitude,has acquired an 80% stake in a portfolio of US projects, which accounts for a power generation capacity of 272MW.

Global renewables capacity will reach 7.3TW by 2028 under existing policies and market conditions, according to the IEA.

The US Energy Information Administration (EIA) expects the contribution of solar power to the US’ energy mix to exceed that of hydropower.