Solar PV additions have seen significant increase over the past few years, while it is also leading the increase in new renewable capacity worldwide this year, according to the International Energy Agency’s latest report Renewable Energy Market Update June 2023.
Clean energy company Nexamp has secured US$400 million in debt and equity financing to develop up to 250MW of community solar and storage projects across the US.
Emeren Group – a global solar PV developer – has sold its 58MW Polish solar portfolio to Spectris Energy. The projects were sold ‘ready to build’, and Spectris will handle construction and own the projects long-term.
The PV module manufacturing subsidiary of Canadian Solar, CSI Solar, has announced the pricing of its initial public offering (IPO) shares on the Shanghai Stock Exchange.
European Energy (EE) has received a construction permit for a 250MW PV plant in Catania, Sicily. The company said that the installation will be the largest in Italy upon completion.
Enefit Green has reached final investment decision on the 74MW Sopi solar PV project in Estonia, into which it will invest approximately €44 million (US$47 million).
Perovskite solar cell researchers Oxford PV have claimed a new world record for commercial solar cell efficiency, recording a 28.6% efficiency on a 258.15 cm2 perovskite tandem cell independently certified by Fraunhofer ISE.
Global solar energy investment will surpass oil for the first time in 2023 as PV leads the charge in a projected 24% increase in clean energy investment compared with 2021.