solar pv

SMA Solar posted preliminary net losses of €117.7 million (US$126 million) in 2024—down from €225.7 million in income last year.

Despite revenue improvements, the company signalled doubts over its ability to continue operations and stay afloat over the coming year.

Danish developer European Energy has commissioned its first solar PV power plant in Australia, a 58MW site situated in Victoria.

Australia-based solar module recycling group Lotus Energy has confirmed it will build a US$250 million recycling facility in Saxony, Germany.

The decline reflects the broad trend across the solar manufacturing industry, where severe downward pressure on prices—brought about by an excess of product supply—has squeezed manufacturers' margins and pushed some into the red.

The Australian government has opened a consultation into the upcoming Western Australia Capacity Investment Scheme (CIS) tender design.

The retreat on renewables has been described as a "last-ditch attempt to cash in" against the rising tide of the energy transition.

The deal follows the start of production at ES Foundry’s 3GW nameplate capacity manufacturing plant in January.

The Tech Council of Australia (TCA) has today (25 February) launched the Consumer Energy Tech Alliance (CETA), aiming to support the uptake of solar PV, battery storage, and smart technologies with its integration into the energy grid.

Construction has started on a 400MWh battery energy storage system (BESS) that will be co-located with Acen Australia's 720MW New England solar PV power plant in New South Wales, Australia.