Markets & Finance

Leeward and Nextracker have signed a deal to deliver 3GW of the latter’s trackers to the former’s under-construction solar projects.

Many Australian state governments have implemented favourable economic policies to encourage more solar investment within their borders.

Arizona utility Salt River Project (SRP) has secured a power purchase agreement (PPA) for an additional 475MWdc or 394MWac from utility-scale solar power plant operator Clēnera.

The US market shipped US$12.5 billion of modules in 2022, with the average dollar per watt value slightly increasing but still remains low, according to the country’s Energy Information Agency (EIA).

The US Department of Energy (DOE) has announced US$453.5 million from the Puerto Rico Energy Resilience Fund to install up to 40,000 rooftop solar PV and battery storage systems for low-income single-family households.

Hexa Renewables has signed a memorandum of understanding with UEM Group Berhad and Itramas to develop up to 1GW of solar projects in Malaysia.

The ANSI has allowed the SEIA to develop 11 new standards governing solar generation and battery storage in the US.

Microinverter supplier Enphase Energy has offered a lower-than-expected guidance revenue for Q3 2023, on the back of a stagnating second quarter.

China's installed capacity of solar power has reached over 470GW in the first half of 2023, according to statistics from the country's national energy administration.

Greek renewables developer Mytilineos has sold a 211MW portfolio of four solar parks to its compatriot fossil fuels company HELLENiQ.