Markets & Finance

Solar module recycling company Solarcycle has secured US$30 million in Series A funding to increase its solar panel recycling capacity and expand materials re-manufacturing capabilities.

Solar module supplier Maxeon Solar Technologies has appointed Matt Dawson as chief technology officer.

Last week’s collapse of Silicon Valley Bank (SVB) has brought doubts in terms of capital financing for the renewable industry with a big impact on the community solar market as the entity had financed up to 62% of the US community market.

Renewable energy company Leeward Renewable Energy has closed financing for its solar project 'Horizon solar facility' in Texas. 

Distributed energy platform Scale Microgrids has acquired over 100MW of community solar projects in New York from Netherlands-based developer Gutami.

Asset investor Kajima Europe and equity investment company Griffin Capital Partners have formed a joint venture (JV) to acquire a majority stake in Polish PV installation company Hymon. 

Independent power producer Amarenco has purchased 90% stake in PV solar panel owner Infram from investment company M&G's infrastructure equity investment arm Infracapital.

The Q1 2023 edition of our downstream solar journal, PV Tech Power, is now available to download, including comprehensive coverage of agrivoltaics across several markets.

Japanese annual PV market size for 2022 is estimated to be 6.5GWDC, which is about the same volume as 2021.

Last week, French PV startup Carbon announced plans for an integrated European PV manufacturing facility to produce an initial capacity of 5GW of cells and 3.5GW of modules. The company spoke to PV Tech Premium about its short and long-term plans, and why Europe needs a PV manufacturing ecosystem.