Americas

As 2023 comes to an end, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and trends of the last 12 months.

US-based independent power producer Altus Power has acquired solar assets primarily in North and South Carolina, the US, with a combined capacity of 121MW.

US solar developer Origis Energy has secured US$344 million from MUFJ for a 200MW solar project in Mississippi, the US.

Under the agreement, SmartestEnergy Australia will source energy from the 93MW Girgarre Solar Farm owned by Enel Green Power Australia.

Indian solar manufacturer Waaree Energies has announced a plan to build a 3GW module manufacturing plant in Houston, Texas.

Radial Power has raised US$80 million in tax equity financing from the Bank of America to develop 96MW of new solar capacity in the US.

Sabanci Renewables has raised US$185 million in tax equity funding to complete the financing of its Cutlass Solar II project.

SunPower has breached a credit agreement, and Enphase Energy has announced layoffs, raising concern over the companies' ability to operate.

Adapture Renewables has signed three agreements with Meta to sell 330MW of power from three solar projects in Illinois and Arkansas.

The strength of the Inflation Reduction Act (IRA) is dependent on other implemented policies, according to Giovanni Bertolino, head of 3Sun USA.