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Adapture Renewables has secured US$321 million in finance from MUFG to support the development of a 441MW solar portfolio in the US.

The investment will allow the company to build a commercial-scale perovskite manufacturing plant in the US.

Asset underperformance cost the global solar sector a record US$10 billion in lost revenue in 2024, according to Raptor Maps.

Array Technologies expects that 100% of its trackers will be eligible for domestic content benefits n the first half of 2025.

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

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

According to Solargis CEO Marcel Suri, solar industry professionals must adopt more granular datasets to improve accuracy.

Solar has lost one of its brightest minds and kindest souls. PV Tech remembers Frédéric Dross, who died in a skiing accident on 17 February.

As storage capacity installation grew in double digits during Q4 2024, added solar PV grew by 6% year-on-year to 242MW in Q4 2024.

Fabral will join a number of other US steel manufacturers supplying racking and tubing to the US solar industry.