ACWA Power has signed an agreement with Badeel – the water and electric holding company of the Saudi Arabian Public Investment Fund (PIF) – to develop 4.5GW of solar PV projects in Saudi Arabia. The projects will represent an investment of SAR12.2 billion (US$3.3 billion).
According to BSW solar, questions about the mobilisation of storage and the appropriate assessment of required market premiums and maximum bid values for commercial PV investments were largely left out.
AES Corporation has signed a Recycling Services Agreement with US solar recycling company Solarcycle, which will see modules from AES’ projects sent to Solarcycle’s Texas facility to be recycled and repurposed.
TW Solar’s Terra range of shingled PV modules aims to provide end users with a sustainable solution that combines reduced risk of micro-cracks with excellent performance in harsh conditions.
Italian solar manufacturer FuturaSun has signed a strategic agreement with the government of the city of Huai’an in China to build a 10GW solar cell manufacturing plant.
Solar tracker and software provider Nextracker more than doubled its adjusted EBITDA in the financial year (FY) ending March 2023 compared with the previous year, up to US$209 million from US$92 million.
Falling solar module prices in recent years mean it can be beneficial to oversize the DC capacity in PV plants. John Leslie of BTY presents findings from a study that suggests developers should, in certain cases, investigate using higher DC/AC ratio designs.
Solar tracker supplier Array Technologies has increased its revenue in the opening quarter of 2023 due to higher volume sales and average selling price (ASP).
As photovoltaic technology goes mainstream, driving a market evolution in how solar is installed and financed, how is one of its stalwarts and pioneers – Qcells – adapting to this consumer-focused future?
The US Senate has passed a vote to repeal Joe Biden’s two-year waiver on solar import tariffs, a decision which the Solar Energy Industries Association (SEIA) has previously said could result in US$1 billion in retroactive tariffs for the industry and 4GW of project cancellations.
