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Scatec project in Brazil

Scatec posts third quarter revenues of US$270 million, driven by divestment strategy

November 1, 2024
Scatec has published its latest financial results, which include revenues of NOK2.97 billion (US$270 million) in the third quarter of 2024.
Solar park in Latvia from independent power producer Sunly.

Sunly breaks ground on 225MW solar PV parks in Latvia

November 1, 2024
Estonian independent power producer Sunly has started construction on three utility-scale solar PV parks in Latvia.
Meyer Burger facility in Goodyear, Arizona. Image: Meyer Burger

Meyer Burger net losses increased fivefold in H1 2024

November 1, 2024
Swiss-based solar manufacturer Meyer Burger has registered a net loss of CHF317 million (US$365 million) in the first half of 2024, a nearly fivefold increase from H1 2023 when it had a net loss of CHF65 million.
The Olmedilla plant in Spain. Credit: Iberdrola.

BRUC invests €2.3 billion in Spanish PV portfolio

October 31, 2024
Spanish private equity firm BRUC has invested €2.26billion (US$1.34 billion) to build solar PV projects in the Spanish autonomous community of Andalusia.
Fatih Birol speaking at COP21.

IEA: Renewable power trade value will ‘triple’ in next decade, supply must be ‘resilient’

October 31, 2024
Figures in the Energy Technology Perspectives 2024 (ETP-24) report show the global market for renewables will triple over the next ten years.
Nextracker solar trackers.
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Bifacial PV tracking systems: an international overview

October 29, 2024
PV systems combining bifacial and tracker technologies deliver the lowest-cost PV-generated electricity in most parts of the world.
Rooftop solar panels in Germany.

German solar industry criticises C&I rooftop solar changes as ‘not feasible’

October 28, 2024
The German solar trade association (BSW) has criticised government proposals to amend its Energy Industry Act.
FuturaSun has been selected by the European Commission to fund a solar PV module assembly line

European Commission invests in 3GW of solar PV manufacturing from Trina Solar and FuturaSun

October 28, 2024
Trina Solar and FuturaSun were awarded funding in the latest Innovation Fund for a 1.5GW HJT and 1.4GW xBC module assembly plant, respectively.
The 260MW Impact Solar project in Texas was completed last year. Image: Lightsource BP.

bp completes acquisition of solar developer Lightsource bp; begins hunt for ‘strategic partner’

October 28, 2024
Oil and gas major bp has officially acquired solar PV developer Lightsource bp, securing the remaining 50.03% interest in the company.
A Hrvatska Elektroprivreda project.

EUROPE ROUND-UP: EIB backs Croatian project, Sonnedix advances Polish facility, Sunrock to partner with BMW

October 25, 2024
The EIB has backed a solar plant in Croatia, Sonnedix advanced a project in Poland and Sunrock will build rooftop installations in Germany.

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