Markets & Finance

Spanish solar tracker manufacturer Soltec reported a net loss of €100,000 (US$120,000) in Q3 and a €20 million (US$23 million) loss in the first nine months of the year due to “significant international disruptions”, according to its Q3 financial results released today

US solar installer SunPower has downgraded its full year 2021 revenue guidance, pointing to delays in its commercial and industrial projects business.

The installed cost of solar PV, solar-plus-storage and standalone battery energy storage in the US was reduced across all market segments between 2020 and 2021, with the biggest drop seen in the utility-scale segment. 

The first manufacturing line at a 15GW solar wafer and cell manufacturing facility in Chengdu co-owned by Trina Solar and Tongwei has begun to ramp.

The Global Solar Council (GSC) and the Global Wind Energy Council (GWEC) have teamed up to push governments to implement more ambitious energy transition action plans, concluding current policies to be insufficient meet 2030 and net zero targets.

Solar jobs in Europe will double to 742,000 by 2030 when based on the current European Commission (EC) target of 40% renewables.

‘Solar Module Super League’ manufacturer JinkoSolar is to invest RMB450 million (US$70.3 million) in Tongwei Solar subsidiary Sichuan Yongxiang Energy Technology to help finance a 100,000MT “high-purity” polysilicon facility.

nverter manufacturer SolarEdge posted record revenues from its solar division in Q3 2021 despite a COVID-related shutdown at its manufacturing facility in Vietnam impacting its ability to meet demand.

LONGi Solar is to become the latest leading PV module manufacturer to have shipments blocked from entering the US, reports have suggested.

Grid outages in Australia dented the performance of UK-based solar asset owner Foresight Solar Fund (FSFL) in the first nine months of the year.