2022 saw the solar PV market enter a ‘new growth dimension’, where 239GW of solar capacity was added across the world representing two thirds of all new renewables capacity.
Solar and storage investor CleanCapital has secured a US$500 million investment from Manulife, a global financial services group. This followed a US$300 million initial cash injection from Manulife in 2021.
The US solar industry had the most growth of any quarter in its history in Q1 2023, as delayed projects from 2022 came online and supply chain constraints showed signs of loosening.
US utility AES Corporation has added the 2GW Bellefield solar-plus-storage project to its portfolio after acquiring it from the project developer, Avantus.
Danish renewables developer Ørsted has signed a recycling partnership agreement with Solarcycle to process and recycle the entirety of the modules in their US portfolio.
