finance

Heliene has closed a US$50 million tax credit transfer sale to support its cell and module manufacturing expansion in the United States.

Reducing volatility impacts, managing cannibalisation and investing in grids will help solar energy cement its role in global energy systems.

SMA Solar has announced plans to conduct a 'company-wide restructuring' due to the impacts of what it calls a 'volatile' market environment.

Last week, Better Energy postponed the deployment of a 3GW solar PV portfolio in Denmark, blaming “lagging” demand for renewable power.

The global weighted average LCOE of utility-scale PV plants fell to US$0.044/kWh in 2023, a 12% year-on-year decline from 2022.

Australian investment bank Macquarie Asset Management (MAM) is set to invest up to US$1.73 billion to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI).

The Nasdaq Stock Market has moved to delist Maxeon from its global select market following the fall of its share price below US$0.10.

Australia has confirmed that the first round of the Quad Clean Energy Supply Chains Diversification Program will open in November 2024.

BNZ has secured a €166 million (US$185.4 million) loan from the European Investment Bank (EIB) for 700MW of new solar capacity in Europe.

One of the “market signals” the company cited is an increase in negative electricity prices across Europe, as supply exceeds demand.