LONGi has increased the planned production capacity of a new ingot and wafer project from 20GW to 46GW, with the originally planned high-efficiency mono cell capacity of 30GW and high-efficiency PV module capacity of 5GW remaining unchanged.
TCL Zhonghuan has announced a US$200 million investment into Maxeon Solar Technologies that will allow the company to access Maxeon’s IBC solar cell platform, while using Maxeon's position as a global player to set up shop in international markets.
US$1 billion financing has been secured for a ‘Round-The-Clock’ (RTC) renewable energy project in India, marking the biggest single-project clean energy deal in the country, developer ReNew Power has claimed.
Global investment in renewable energy reached a record half-year figure of US$226 billion in H1 2022, driven by soaring demand for clean energy technologies amid the ongoing energy and climate crisis, according to a BloombergNEF (BNEF) report.
US PV developer Birch Creek Development has increased its existing credit facility with debt financing provider Fundamental Renewables to US$250 million to pursue its 5GW solar pipeline in the US and support its module procurement strategy.
Infrastructure investor Actis has acquired a stake in Latin American renewables asset owner Omega Energia as it looks to develop a pipeline of assets in the region.
The World Bank has approved US$165 million in additional financing to support 450MW of rooftop solar deployment in India and make distributed generation systems in the country more affordable.
