Solar specialist NovaSource, which is owned by Canadian investor Clairvest, has completed its acquisition of US manufacturer First Solar’s operations and maintenance (O&M) business.
A round-up of project updates from across the global solar industry, including updates from Israel's Shikun & Binui, independent power producer Sonnedix and UK-based Hive Energy.
Researchers at the Massachusetts Institute of Technology (MIT) have found a new approach to identifying long-lasting perovskite formulation, opening the door for further studies that could support the US’ solar manufacturing sector.
Despite additional solar and wind contributing to a record reduction in global coal generation last year, new renewable energy projects are still not being built quickly enough to keep pace with rising electricity demand.
The US Department of Energy (DOE) has earmarked US$128 million to invest in research and development in a bid to bring the cost of utility-scale solar power down by 60% in 10 years.
German agriculture group BayWa is forecasting a significant revenue rise for its renewables unit this year, thanks to a strong project pipeline and growth in PV component trading.