In order to align with its net zero target, solar capacity in the UK needs to treble to 40GW by 2030, according to a new report from Solar Energy UK this week.
Azure Power Global saw its cost of deploying solar fall by nearly 19% last year, but the company still recorded a net loss of US$38.1 million in the quarter ending 31 March 2021 despite a year-on-year increase in revenue.
US-based solar tracker manufacturer FTC Solar is expecting to record a loss of up to US$17.3 million in Q2 2021 as multiple headwinds combine to put a major drag on performance.
LONGi has announced that it is to supply 134MWp of its high-efficiency Hi-MO 5 modules to the Orion Group, one of Bangladesh’s leading industrial conglomerates, for a project in Khulna.
Solar PV power systems contributed to 11.4% of Spain’s power mix last month, setting a new record for monthly production, according to new data from grid operator Red Eléctrica de España.
Spain’s PV sector has been boosted by a new auction mechanism that aims to support at least 10GW of capacity by 2025. José Donoso, general director of Spanish solar association UNEF, discusses what is driving growth and the various policies that the industry is asking for.
On the back of this year’s PV Evolution Labs’ Module Reliability Scorecard, PV Tech’s Liam Stoker speaks to Tristan Erion-Lorico about how the industry can tackle its increasing junction box failure problem, the possible threat to large-format modules from microcracks and the key takeaways for solar project developers.
BP has secured an agreement to acquire 9GW of US solar projects from developer 7X Energy, a deal it says represents “a significant step” towards the company’s target of growing its net developed renewables capacity to 20GW by 2025.
Almost two thirds of people working in the solar industry expect to see double-digit sales growth this year, according to initial findings from a Global Solar Council survey.
