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Image: Den Harrson via Unsplash.

South Africa: First projects from REIPPPP round 6 reach commercial close

May 1, 2024
The first two solar PV projects from the sixth round of South Africa’s state renewable energy tender – representing 360MW capacity - have been approved and reached commercial close.
Trina Solar module assembly line

Trina Solar module shipments exceed 65GW in 2023

May 1, 2024
Major Chinese module manufacturer Trina Solar shipped more than 65GW of modules in 2023, growing its revenue by over 27% in 2022.
Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Daqo Q1 net income drops 71%, expects ‘many market players’ to go bankrupt

April 30, 2024
Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.
Dominion Energy's Seabrook solar project in South Carolina. Image: Dominion Energy

US developer energyRe bags US$240 million for 108MW/198MWh solar-plus-storage project

April 30, 2024
US renewables developer energyRe has secured a total of US$240 million to finance the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina.
Utility-scale solar PV plant showing modules up far away

Lightsource bp secures €315 million to build 560MWp project in Greece

April 29, 2024
Solar developer Lightsource bp has secured €315.34 million (US$337.5 million) for a 560MWp solar PV project in Greece.
Image: SunPower.

Sunpower to cut 1,000 jobs, admits misstatements in financial results for 2022

April 24, 2024
SunPower will reduce workforce and close business segments as the latest steps to simplify business structure and lower costs.
Image: Iberdrola

Iberdrola Q1 profits and EBITDA rise, plans expanded investment in 2024

April 24, 2024
Spanish utility Iberdrola posted increased profits and earnings before interest, taxes, depreciation and amortisation (EBITDA) in Q1 2024.
NextEra Energy's Sunshine Gateway solar project in Florida. Credit: NextEra Energy

NextEra net income up 8.7% in Q1 2024, subsidiaries’ performances vary

April 23, 2024
US renewables developer NextEra Energy has posted an improved financial results for the first quarter of 2024, with net income increasing by 8.7%.
A large-scale solar PV plant in New South Wales, Australia. Image: RWE.

Australia to launch ‘largest ever’ 6GW renewables tender in May

April 22, 2024
The Australian government will launch a 6GW renewable energy tender next month under its expanded Capacity Investment Scheme (CIS).
Image: Meyer Burger.

IEA PVPS report: Low module prices keep solar competitive as overcapacity persists

April 22, 2024
Low solar module prices kept solar PV competitive in the energy market in 2023 despite generally falling electricity prices.

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