Markets & Finance

Tandem PV has secured US$6 million to advance research and development and plans to build its first manufacturing plant.

UK-based renewable energy developer SSE Renewables has acquired a 400MW solar portfolio in Poland.

Enel Green Power Australia, the Australia-based renewables arm of Italian energy company Enel, has signed a binding agreement with minerals company QEM to purchase a 1GW solar and wind project.

“Every year, we see more attention from our customers, for whom this is becoming more at the top of their minds. Usually in PV, it’s been volume price and spec of the product. But now it's also how do we make that product, besides pure performance,” says Cemil Seber, VP of global marketing at REC Solar.

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).