Markets & Finance

Portuguese utility EDP has announced its investment strategy for the coming years, establishing a €25 billion (US26.5 billion) plan to achieve 33GW of deployed renewables capacity by 2026.

Chinese solar panel manufacturer Astronergy has delivered 154.4MWdc of modules to Germany to build a TOPCon PV plant. 

Chinese technology company Huawei will supply string inverters and smart transformer stations to a 205MW PV and wind farm in Poland.

US power distribution company Entergy Louisiana has sought approval to add 225MW of solar PV power to its generation mix in Louisiana.

US solar tracker supplier Array Technologies expects to finish 2022 with a revenue of US$1.62-US$1.64 billion, an organic growth of nearly 50% from 2021.

FTC Solar narrowed its loss in Q4 2022 and is expecting improvement in operation this year thanks to the recovery in the US market.

US cadmium telluride (CdTe) manufacturer First Solar has signed a 2GW module supply agreement with solar developer Origis Energy.

A round-up of the latest PV project news from the US, including two funding news, construction of solar projects in Florida and Renewable Properties closing its Fund 8 portfolio with two financing partners.

Australian rooftop solar installations have passed the 20GW threshold, with the sector set to overtake coal-fired generation in April to become the largest power generator in the country.

Industrial conglomerate Baywa Group plans to sell Solar Trade, an international solar trading business that is part of BayWa r.e.