Markets & Finance

Chinese solar module manufacturer JinkoSolar has filed a patent infringement action in the US District Court for the Northern District of California (San Francisco) against VSUN Solar USA, Toyo and its affiliates in the US and abroad.

US$14 million net losses for the quarter compared with net income of US$4 million in Q2 2024 and US$22 million in Q3 2023.

The US Treasury and IRS have released their final rules for the implementation of the Section 48 Investment Tax Credit (ITC).

Nir served as the company’s chief marketing executive since June 2024 and will succeed Ronen Faier, who served as interim CEO of the company since August 2024.

The European Commission has launched a €3.4 billion call to support the development of “innovative decarbonisation technologies in Europe".

TotalEnergies has sold a 50% stake in a 2GW US solar and energy storage portfolio and acquired German renewable energy developer VSB Group.

Magdalena Hilgner of PLAY explains that projects that deliver power reliably and at a fair price will always be attractive for offtakers.

Solar will form the cornerstone of Indonesia’s renewable power sector, according to forecasts made by think tank Ember Climate.

PV Talk: With most US clean energy projects located in Republican states, and their economic benefits flowing to the constituents of such states, Carl Fleming, partner at law firm McDermott Will & Emery, says the IRA tax credits for renewables should stay in place despite next year's regime change.

The contracts are spread across 23 large-scale renewables projects, 19 of which are solar PV projects with a combined 1.5GW capacity.