Markets & Finance

Allegations of fraud at Indian conglomerate Adani Group, which have knocked around US$125 billion off its market value since January, are unlikely to cause any perceptible damage to India’s long-term solar growth, according to two prominent members of the industry.

Solar tracker provider Arctech has secured a 312MW project in Azerbaijan to supply its SkyLine II solar trackers. 

German-headquartered solar developer Enerparc has sold 193MW worth of its Australian solar PV assets to Ingka Group, the owner of furniture retailer IKEA.

Tesla’s Solar Roof technology has fallen short of the company’s deployment targets by some distance, according to a new report from energy analysts Wood Mackenzie.

Solar tracker supplier Nextracker has signed a deal with EPC contractor Sterling and Wilson to supply trackers to a 1.2GW solar PV project in India.

Bisol said this 22kW project aims to meet the increasing energy needs of the Princess Elisabeth Antarctica research station.

The European Council (EC) and Parliament have reached a provisional political agreement to raise its renewable energy share target to 42.5% by 2030.

Solar PV silicon wafer manufacturer TCL Zhonghuan has planned to reach a total mono wafer annual capacity of 180GW by the end of 2023.

The Solar Energy Corporation of India (SECI) has released the list of companies awarded in the second round of the Production Linked Incentive (PLI).

Canada will introduce tax credits, incentives and investment for developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.