Industry Updates

India’s Orb Energy has announced receipt of a US$20 million follow-on loan from the United States International Development Finance Corporation (DFC), to support its unique in-house financing facility for rooftop and ground mounted solar customers in the subcontinent.

Menlo Electric, one of Europe’s fastest-growing PV distributors, is launching a 240MW module tender for the first two quarters of 2023. The aim of the bid is to supplement already-contracted module deliveries for the first half of 2023.

Over a period of just four weeks, Berlin-based PV specialists Kintlein & Ose completed an 8500m² roof renovation on an industrial-scale German dairy farm in the Brandenburg village of Briesen, together with the installation of a 1.5 MW PV system deploying LONGi solar modules.

GoodWe has commissioned phase II of its manufacturing base in the Chinese city of Guangde.

Energy storage in the commercial and industrial (C&I) sector is poised for significant growth over the next decade, with the U.S. forecast to be one of the largest incremental markets.

The 15th edition of Renewable Energy India will take place between the 28th and 30th September, with more than 700 exhibitors displaying their latest products.

The company’s theme for this year’s event was “Timeless Innovation, Lasting Generations”, highlighting the importance of reliability at the core of its product portfolio and the continual innovation that sets it apart from competitors.

Solis has taken part in the RE+ exhibition in Anaheim, showcasing its portfolio of intelligent photovoltaic solutions for the US market.

PV InfoLink has updated its analysis of product market share based on different sizes of silicon wafers, indicating that, with M10 modules having a share exceeding 60% in the first half of the year, the overall figure for the format in 2022 has increased to 58%. With the analysts estimating the market share of 210 modules at just over 20% for the same period and, with some major players choosing to base investment in new technology cells on M10, the trend would suggest its continued growth to achieve mainstream status.

Philadelphia Solar has exhibited at RE+ in Anaheim, announcing the signing of two supply contracts for a total 330MWp. The contracts form part of the company’s export plan for 2023, with discussions ongoing with several other clients.