Markets & Finance

National Grid Renewables has signed two power purchase agreements for its Blevins solar project in the US state of Texas.

The California Public Utilities Commission yesterday (16th November) voted to approve a ‘proposed decision’ changing the state’s virtual net energy metering (VNEM) scheme.

Leeward Renewable Energy has raised US$580 million in tax commitments and debt facilities for two renewable power projects.

Enertis Applus+ has become the technical advisor for the 438MW Boa Sorte solar project for a consortium including Atlas Renewable Energy.

Sonnedix's Daniel Garrido speaks about the company's acquisition of a 416MW Chilean solar portfolio, and its plans in the country.

Solar manufacturer Maxeon Solar Technologies will lay off about 22% of its global workforce as it decided to entirely phase out its Maxeon 6 interdigitated back contact (IBC) modules as well as other operational realignment.

Engie North America – the US subsidiary of the French energy utility – has signed two virtual power purchase agreements (VPPA) with WestRock, a sustainable paper and packaging producer.

Module manufacturer Trina Solar has signed a memorandum of understanding (MoU) with wholesale distributor Marubeni Australia to supply 1.5GW of its Vertex N modules in the Oceania region.

Armor Group says its experience in the French, German and wider European markets can support Holosolis' commercial development.

Everything seems to be pointing to the solar PV manufacturing sector going into a downturn in 2024, with loss-making potentially rife across much of the upstream sector.