Indian PV manufacturer Emmvee has partnered with Fraunhofer ISO – a leading solar research centre – to build a 1.5GW solar cell manufacturing facility near Bangalore, southern India.
Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.
The renewable energy arm of power generation group Enel has signed a financing agreement with banking group UniCredit to finance the expansion of a solar panel factory in Catania, Sicily.
Spanish renewable energy provider Iberdrola has secured a €150 million (US$160 million) loan from the European Investment Bank (EIB) to develop 400MW of PV and wind projects in Italy.
The Indian government has decided to relax the Approved List of Models and Manufacturers (ALMM) for two years, in a move to boost installed solar capacity.
US PV incentives should be entirely focused on solar cell manufacturing in the short term, with maximum incentive rates given to domestic solar cell production that ultimately has a risk-free supply chain of materials and equipment, writes Finlay Colville, head of research at PV Tech.
Independent power producer (IPP) R.Power has raised €150 million (US$160.4 million) from the Three Seas Initiative Investment Fund (3SIIF) to continue its long-term growth strategy.
