Americas

US cadmium telluride (CdTe) thin-film module manufacturer First Solar has unveiled its intention to build a fifth US manufacturing facility, adding 3.5GW annual capacity in 2026.

Solar tracker supplier Nextracker has reported a 19% rise in year-on-year revenues for Q2 2023 (Q1  financial year (FY) 2024), to US$479.5 million.

Canadian solar manufacturer Heliene has announced plans to build around 1GW of solar module assembly and 1.5GW of solar cell production capacity in the US.

US thin-film module manufacturer First Solar has signed a deal with Spanish developer Matrix Renewables to supply 2.1GW of thin-film modules.

US residential solar installer Sunnova has recorded a reduced adjusted EBITDA year-on-year of US$28.1 million for the second quarter of 2023 although its revenue increased by 13.2%.

Spanish utility Iberdrola has added 500MW of solar capacity during the second quarter of 2023, bringing the total to nearly 5GW.

Lithuanian software company PV Case recently announced two expansion plans, and we talked to the company to learn more about their products.

The Michigan Public Service Commission has approved a plan put forward by US energy company DTE Energy to install solar and wind in the state.

SunPower has released its preliminary financial results for the second quarter of this year, which include a net loss of US$30 million.

The Tennessee Valley Authority (TVA) – a US utility headquartered in Knoxville – has ordered 279MW of First Solar’s cadmium telluride thin-film solar PV modules to outfit its Lawrence County Solar Project in Alabama, due to come online in 2027.