From the world’s largest project being commissioned to a possible downturn for solar manufacturers in 2024, and including the US Department of Treasure releasing guidance from the Inflation Reduction Act. Here, PV Tech runs down its top 10 stories of the past 12 months.
US solar tracker manufacturer Nextracker has announced that its trackers, either operational or under fulfilment, have surpassed 10GW in the Middle Eastern, African and Indian markets.
Chinese solar manufacturer LONGi has announced that it had shipped over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023.
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).
French energy company TotalEnergies has revived its deal with the Iraqi Government to develop a 1GW solar PV project in the Basra region, part of a larger US$10 billion accord to also establish new gas generation and seawater treatment facilities.
Sungrow, the Chinese-headquartered inverter and energy storage system supplier, has signed a contract with Samsung C&T to provide its inverter solutions to an 814MW solar PV project in Qatar.