Australian solar equipment manufacturer 5B has been appointed to supply its Maverick module technology to a 95MW hybrid power station in Western Australia.
The future of solar module deployment may be rooted in mass, rapid deployment rather than precisely tilted, steel-mounted and spaced-out panels extending over acres of land. So says Australian company 5B, which manufactures accordion-style folding solar arrays that arrive at a project site flat-packed and ready to be deployed.
Solar investors believe that Europe can be a competitive market for PV manufacturing and compete with the US Inflation Reduction Act (IRA), as ESG and energy security concerns will drive money to the continent.
US solar power purchase agreement (PPA) prices continued to climb in Q4 2022, as supply chain blockages and uncertain legislation increase costs for developers, according to renewables transaction infrastructure provider LevelTen Energy.
CSI Solar has announced plans to expand its solar and battery storage manufacturing capacity in China, through an investment agreement with the municipal government of Yangzhou City in Jiangsu Province.
Norwegian distributed solar marketplace Otovo has secured €120 million (US$130 million) in debt and equity financing to expand its residential solar portfolio across Europe.
Lawmakers from both sides of the US House of Representatives have issued a resolution to repeal President Joe Biden’s waiver on solar import tariffs from Southeast Asia.
Solar PV manufacturer Qcells has signed a deal with Microsoft to supply at least 2.5GW of its modules to projects from which the tech giant will purchase renewable energy.
Indian solar module manufacturing capacity is forecast to reach around 95GW – up from 39GW at the end of September 2022 – according to research from analyst and consultancy Mercom India Research.
