renewables

Israeli solar inverter manufacturer SolarEdge posted strong financial results for the second quarter of 2023 with record revenues from the solar segment of US$947.4 million.

Many Australian state governments have implemented favourable economic policies to encourage more solar investment within their borders.

The US Department of Energy (DOE) has announced US$453.5 million from the Puerto Rico Energy Resilience Fund to install up to 40,000 rooftop solar PV and battery storage systems for low-income single-family households.

CleanMax has started operations at a hybrid solar and wind project in the Indian state of Gujarat, with a total capacity of 400MW.

China's installed capacity of solar power has reached over 470GW in the first half of 2023, according to statistics from the country's national energy administration.

German solar module manufacturer RCT Solutions has signed a memorandum of understanding (MoU) to build a 10GW solar module factory in Manitoba, Canada.

Renewable energy investor Modus Asset Management has secured €58 million to acquire a 93MW operational solar PV portfolio in Poland.

Mytilineos has released its financial results for the first half of 2023, with its energy sector posting a total turnover of €1.99 billion.

US thin-film module manufacturer First Solar has signed a deal with Spanish developer Matrix Renewables to supply 2.1GW of thin-film modules.

US residential solar installer Sunnova has recorded a reduced adjusted EBITDA year-on-year of US$28.1 million for the second quarter of 2023 although its revenue increased by 13.2%.