India’s Production Linked Incentive (PLI) scheme is expected to add up to 40GW of additional cell and module manufacturing capacity in the country as it operates in tandem with the country’s upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service company.
Renewables investor and developer Econergy has secured more than €200 million (US$227 million) through two joint ventures (JVs) to support the construction of part of its project pipeline in Eastern Europe.
Module manufacturer and energy solutions company Q CELLS has begun selling its new Q.Peak DUO-G10 panel in Europe, which the company said is its “most powerful solar module ever”.
Latin America-focused solar developer Atlas Renewable Energy has secured a BRL406 million (US$76 million) loan from Brazil's BNB development bank for the construction of a 239MW solar PV project.
Utility-scale solar deployment in the US reached a new high last year despite scores of projects being pushed back, in part due to a lack of regulatory certainty impacting the availability of modules, according to the American Clean Power (ACP) Association.
Italian utility Enel is partnering with engineering, procurement and construction (EPC) contractor Comal to set up a solar tracker manufacturing plant with an annual production of up to 1GW.
Leading US solar installer Sunrun installed 792MW of solar capacity in 2021, a 31% growth on 2020, exceeding guidance, reflecting the highest growth rate in five years and bringing its total networked capacity to 4.7GW, according to its Q4 and full year 2021 financial results.
Having completed its entry into the electric vehicle (EV) sector, microinverter supplier Enphase Energy is now accelerating efforts to develop bi-directional charging to offer a package that benefits homeowners and its installer partners while easing pressure on the grid.
