Chinese module manufacturer Risen Energy has revealed its plan to expand the production capacity of its Hyper-ion solar cell and module to 15GW in 2023.
Higher interest rates in the second half of the year slowed down corporate funding in the global solar sector to US$24.1 billion in 2022, according to research from Mercom Capital Group.
PV manufacturer Goldi Solar is planning to participate in India’s expanded production-linked incentive (PLI) programme as it bids to ramp up its module and cell production to 6GW and 5GW, respectively, by the end of 2025.
Trina Solar US has announced that its 6.5GW PV wafer manufacturing facility in Vietnam specifically designated to supply the US market will be online in mid-2023.
Despite the headwinds impacting module supply and solar deployment, India’s solar market is expected to emerge from a slow 2023 with significant growth and feel the benefit of the country’s protectionist domestic manufacturing policies.
Renewables developer ACEN Australia has awarded the engineering, procurement and construction (EPC) contract for its 400MWac Stubbo solar farm to PCL Construction, a US-headquartered company.
Global renewable energy company Masdar has signed a deal for a 1GW renewable energy project pipeline in Kyrgyzstan set to begin with a 200MW solar PV installation.
Independent power producer NEFIN has formed a partnership with Taiwanese energy company City Development through its subsidiary NEFIN Capital Taiwan Company (NEFIN Capital) to venture into the solar energy market in the country.
