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At the end of September, total global corporate funding for the sector stood at US$22.3 billion, down from US$28.9 billion at the same point in 2023.

New York governor Kathy Hochul has announced that the state has reached its target of installing 6GW of distributed solar capacity.

US solar project developer Primergy Solar has closed US$350 million in tax equity financing for a 408MWac solar project in Hill County, Texas.

The capacity comes from the Arica solar PV and Victory Pass solar-plus-storage projects in Riverside County, California.

Construction firm ARCO/Murray has been selected to lead the design and construction of Vietnamese solar manufacturer Boviet Solar’s 2GW TOPCon module assembly plant alongside the anticipated solar cell plant in North Carolina, US.

TCL Zhonghuan Renewable Energy is Maxeon's largest shareholder and invested almost US$200 million in the company this year.

Board chair Christine Detrick cited an "ongoing disconnect between the share price and our view of intrinsic value."

The US added 18.5GWac of utility-scale solar capacity in 2023, and added 14.3GWac of such capacity in the first eight months of 2024.

In its World Energy Outlook 2024 report, the IEA said that geopolitical tensions and fragmentation are “major risks” for international energy supply security

The deal pertains to Runergy’s operations in the US, where it operates a 2GW TOPCon module production facility in the state of Alabama.