Markets & Finance

The European Parliament has voted to accelerate the adoption of renewable power generation on the continent.

Canadian PV manufacturer Heliene has secured US$170 million to grow its existing module assembly plant with two new 300MW lines.

Norwegian solar ingot manufacturer NorSun has announced its decision to temporarily stop production and lay off employees due to the influx of "exceptionally low price" Chinese solar modules.

The US Department of Energy has started receiving application for a US$10 million funding and technical assistance programme.

SolarPower Europe has warned of the “deeply precarious” impacts of collapsing costs in the global solar sector.

Dimension has announced the closing of a US$237 million financing, which will support a 120MWdc distributed generation portfolio.

Martin Pochtaruk, President of Heliene, Inc. on the challenges and opportunities of building out the domestic PV supply chain in the US.

Canadian renewables firm Westbridge Renewable Energy will complete the first transaction of one of its five definitive agreements with Greek developer Mytilineos’ subsidiary, Metka.

Igneo has acquired a majority equity interest in Soltage, an independent power producer headquartered in the US state of New Jersey.

US solar prices per watt increased to US$2.9 in the first half of 2023, representing a 1.8% increase from H2 2022.