Solar Markets & Finance News

The installed cost of solar PV, solar-plus-storage and standalone battery energy storage in the US was minimized across all market segments in between 2020 and also 2021, with the largest decrease seen in the utility-scale segment.

United States solar installer SunPower has actually downgraded its complete year 2021 profits support, pointing to hold-ups in its industrial and commercial projects business.

Spanish solar tracker supplier Soltec reported a net loss of EUR100,000 (US$ 120,000) in Q3 as well as a EUR20 million (US$ 23 million) loss in the first 9 months of the year because of "substantial global interruptions", according to its Q3 financial results launched today.

'Solar Module Super League' maker JinkoSolar is to invest RMB450 million (US$ 70.3 million) in Tongwei Solar subsidiary Sichuan Yongxiang Energy Technology to assist fund a 100,000 MT high-purity polysilicon facility.

Inverter manufacturer SolarEdge posted record revenues from its solar department in Q3 2021 in spite of a COVID-related closure at its production facility in Vietnam influencing its capacity to meet need.

Nextracker's success is just one of the few non-Chinese success tales in the past decade in solar. Like a lot of the solar supply chain, the industry faces the twin difficulty of keeping prices low and preserving high quality levels to allow a 25 year plus life and risk-free recycling.

The Omkareshwar Floating Solar Project is the biggest such project in India. Hopes are high that the project will move ahead, thanks to the competencies accumulated over the past in the area by firms in India.

Philippines-based AC Energy Corp (PSE: ACEN) claimed today it has secured board approval to establish a joint venture (JV) with compatriot CleanTech Global Renewables Inc to deal with a 200-MW SC solar project in the Philippines' Cagayan province.

Australian power framework business APA Group (ASX: APA) has taken a final investment decision (FID) on the initial stage of an 88-MW solar project in Queensland.

Daqo New Energy Corp (NYSE: DQ) last week reported record-high manufacturing quantity and also internet earnings in the 3rd quarter of 2021 as polysilicon market prices rose additionally.

Field has gotten the Auchteraw project near Fort Augustus from ILI Group

A recommended extension of the United States solar investment tax credit (ITC) might boost PV implementation by more than 40% over the following decade, analysis by Wood Mackenzie has actually found.

The Government of New South Wales (NSW), Australia, has actually opened an on-line enrollment of interest process as it seeks prospective buyers for the nation's most current Renewable Energy Zone (REZ) to get in the planning phase.

Swedish thin film solar cell supplier Midsummer will get approximately EUR38 million (US$ 44 million) worth of monetary incentives to develop a 50MW manufacturing facility in Bari, Italy.

Toronto-based renewables developer Amp revealed that it has actually shut financing on its USD-106.5-million (EUR 91.8 m) portfolio of community solar-plus-storage projects in the state of New York.