Markets & Finance

French renewables company Voltalia’s Q2 revenues were up 26% year-on-year to €111 million (US$113 million) as its project development, construction and equipment procurement segment continued to grow.

Tesla installed 106MW of solar PV in Q2 2022, its largest quarterly total for more than four years as the firm's energy division rebounded.

RWE and floating solar company SolarDuck have partnered to explore the commercialisation of SolarDuck’s offshore floating solar PV (FPV) technology by trailing its potential in harsh environments in the North Sea.

A power purchase agreement has been signed for the output of a large-scale solar-plus-storage power plant in Arizona by municipal utilities and local authorities.

PV mounting systems provider Polar Racking has acquired Axsus Solar, adding the Axsus Sol-X single-axis tracker to its product portfolio in the process.

Clean energy investor Octopus Investments Australia has launched a AU$10 billion (US$6.9 billion) platform that will finance renewables assets and has already acquired Australia’s largest operational solar project.

Following the implementation of the US’ Uyghur Forced Labor Prevention Act (UFLPA) on 21 June, the EU has come under increasing pressure to enact similar measures, with upcoming legislation potentially holding big implications for the region’s solar sector.

Silicon metal provider Elkem has posted a seventh consecutive quarter of climbing earnings, resulting in a record performance in Q2 2022.

GAF Energy has committed to building a new solar shingle factory in Georgetown, Texas that will see its annual capacity rise to 300MW.

Keppel Energy Nexus has landed a contract to pilot a membrane-based nearshore floating solar PV (FPV) system at Jurong Island, Singapore using FPV company Ocean Sun’s technology.