Markets & Finance

Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against module manufacturer REC Solar Holdings.

Trina Solar has signed a master sales agreement with PetroGreen to provide 117MW of modules to the latter’s projects in the Philippines.

The monetary environment over the next couple of decades is expected to remain much tighter than the "zero era" between 2009 and 2022.

Automotive manufacturer Stellantis has acquired a minority stake in Argentinian renewable energy company 360Energy Solar.

The European Investment Bank (EIB) has signed a €150 million (US$159 million) loan to support the development of solar PV and hydropower plants in Bhutan.

Corporate financing in the solar sector reached US$8.1 billion in the first quarter of 2023, according to energy analyst Mercom Capital.

Spanish renewables developer Ecoener has secured US$64 million in green bond financing for a 74MW solar PV plant in Guatemala.

The US Solar Energy Industries Association (SEIA) has called on the US Congress to accelerate legislative reform for solar projects in the US.

Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth in 2023, according to a study from the IEA.

The Biden administration is expected to lift a trade exemption of bifacial solar modules in the US, according to a report from media outlet Reuters.