The solar industry of the future could see frontier markets become core countries for investment while developers may explore more decentralised projects to overcome land challenges.
The future of solar module deployment may be rooted in mass, rapid deployment rather than precisely tilted, steel-mounted and spaced-out panels extending over acres of land. So says Australian company 5B, which manufactures accordion-style folding solar arrays that arrive at a project site flat-packed and ready to be deployed.
The sale process has commenced of Singapore-based renewables developer Sun Cable, via FTI Consulting which took on voluntary administrative duties after the company collapsed earlier this month.
Energy risk management company and assurance provider DNV has acquired Australian solar data specialist Solcast to strengthen its solar forecasting services.
According to the latest data, JinkoSolar was the second largest module manufacturer in terms of shipments in 2022 and the most successful provider of N-type products, delivering over 44GW of modules including 10GW of its high-efficiency N-Type TOPCon Tiger Neo series.
Renewables developer Fotowatio Renewable Ventures (FRV) has declared its entry into the German market, opening its first German office in Munich in December and expressing the intention to develop 2GW of solar and energy storage assets in the next four years.
Spanish multinational electric utility company Iberdrola has partnered with Norges Bank Investment Management to invest in 1,265MW of new renewables capacity in Spain, with solar plants making up 80% of the portfolio.
DAS Solar has announced the official establishment of a German subsidiary, which will become the centre of its European operations and form an important part of its global expansion strategy.
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.
