Solar Markets & Finance News

LONGi Solar has actually exposed information of its shipment seizures by US authorities, specifying that 40.31 MW of solar elements were restrained at five US ports from 28 October to 3 November.

Greenbacker Renewable Energy Company LLC (GREC) revealed on Wednesday that it has obtained a 19.5-MW DC portfolio of operating solar projects in the US, broadening its footprint in New England as well as scratching its very first purchase in Rhode Island.

Paris-based independent power producer Total Eren has acquired a 73.9-MWp solar PV farm in Cambodia to go into the renewable resource market in the country.

German regional energy provider Mainova AG (FRA: MNV6) has acquired virtually 25% of a 175-MWp solar project which will be constructed following year in the state of Brandenburg.

Photovoltaics (PV) manufacturer Q Cells introduced today it has actually achieved success in an appeal in enforcement proceedings in Germany that was filed by competitors LONGi and also REC after they lost a patent violation case last year.

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.