Polysilicon producer REC Silicon has surprisingly terminated it supply chain partnership with US PV manufacturing start-up Violet Power, claiming it would best serve its shareholders by focusing on doing business with “established, proven, active and relevant solar supply chain partners”.
A 12.9MW floating PV plant is set to be deployed at a hydropower reservoir in Albania thanks to a loan provided by the European Bank for Reconstruction and Development (EBRD).
Indian solar power producer Azure Power has sold its rooftop solar business to Radiance Renewables as the company aims to focus more on projects with higher returns.
The International Renewable Energy Agency’s (IRENA) director-general has hailed the start of a “decade of renewables”, following a 2020 that saw China and the US drive global solar installations.
As the solar industry has matured and sustainable investment has moved up on the global market’s list of priorities, power purchase agreements (PPAs) have become a mutually beneficial arrangement between developers and the corporate world. But SMEs have remained difficult to cater for in comparison to larger, more bankable offtakers or utilities with permanent facilities. Edith Hancock explores how this might be changing.
‘Solar Module Super League’ (SMSL) member Trina Solar has reported total module shipments in 2020 of 15,915MW, an increase of over 81% compared to the 8,756MW shipments recorded in 2019.
Norwegian independent power producer Scatec is looking to collaborate with project developers in India as part of efforts to gain a foothold in the country’s burgeoning solar sector.
Solar specialist NovaSource, which is owned by Canadian investor Clairvest, has completed its acquisition of US manufacturer First Solar’s operations and maintenance (O&M) business.
