Chinese Polysilicon Supplier’s 2023 Annual Revenues Decline
GCL Technology’s Polysilicon & Wafer Sales Went Up As Drop In ASPs Pulled Down Gross Profit Margin
Monday, 18 Mar 2024
Leading polysilicon and wafer manufacturer from China GCL Technology Holdings Limited had a profitable year in 2023, even though it declined by over 84% thanks to the drop in average selling price (ASP) of polysilicon.
$140 Million For US Solar Project Contracted By McDonald’s
Lightsource BP Bags Tax Equity Deal From Barclays For 180 MW DC Louisiana PV Plant
Monday, 18 Mar 2024
British solar developer Lightsource bp’s US subsidiary has announced a tax equity deal of $140 million for a 180 MW DC/145 MW AC solar project in Louisiana from the London-headquartered multinational bank Barclays. The 180 MW DC Prairie Ronde Sol.
Italian Glass Producer Signs Up For Renewable Energy
Edison Energia Signs 350 GWh/Year Multi-Year Power Supply Contract With Verallia Italia
Monday, 18 Mar 2024
Italian electricity and natural gas supplier Edison Energia has signed a multi-year power purchase agreement (PPA) for over 350 GWh renewable energy supply with local glass producer Verallia Italia.
US Tracker Producer’s Australian Manufacturing Plans
Orrcon Steel To Manufacture Critical Components For Nextracker Smart Trackers In Queensland
Friday, 15 Mar 2024
US-based solar tracker manufacturer Nextracker now has a critical steel components manufacturing facility for its smart solar trackers in Australia with an annual capacity of up to 50,000 tons of torque tubes.
Meyer Burger’s 2023 Business Suffered ‘Market Distortions’
Annual Sales Down, Manufacturer Finds Capital Support Commitments From Shareholder & Customer
Friday, 15 Mar 2024
European solar cell and module producer Meyer Burger Technology cites European market distortions and unfair market conditions for reporting a total loss of CHF -292 million ($-330 million) in 2023.
Canadian Solar Beats Q4/2023 Solar Module Shipment Guidance
Quarterly Revenues Impacted By Declining Average Module Prices But Reports $7.6 Billion ‘Record’ Full Year Revenues
Thursday, 14 Mar 2024
Canada-headquartered solar PV manufacturer Canadian Solar exceeded its shipment guidance for Q4/2023, even though its revenues suffered 8% QoQ and 14% YoY decline thanks to the decline in module ASPs, along with a drop in shipment volume and lower project sales.
France’s Qair Bags 18-Year Corporate Solar PPA Contract
Yeast Manufacturer Lesaffre Turns Offtaker For 34 GWh/Year Solar Energy From Agrivoltaic Plant
Thursday, 14 Mar 2024
French renewable energy company Qair’s agrivoltaic project in France has secured a corporate solar power purchase agreement (PPA) with local yeast producer Lesaffre.
FTC Solar Narrowed GAAP Net Loss In Q4/2023 To -$11.2 Million
Lower Product & Logistics Volumes Pull Down Revenues As Company Expects Further Drop In Q1/2024
Thursday, 14 Mar 2024
US solar tracker producer FTC Solar says its Q4/2023 revenues were impacted by lower product and logistics volumes and expects to report further drop in revenues in Q1/2024.
Hybrid Renewable Energy Plant For Gold Mining Company
Gold Fields To Invest AUD 296 Million To Bring Down Electricity Costs & Decarbonize Australian Mine
Wednesday, 13 Mar 2024
One of the world’s leading gold miners Gold Fields will invest AUD 296 million ($195 million) in a new hybrid solar and wind power plant as its largest such project to date, to power the St Ives mine in Western Australia.
Meyer Burger & Solarnative Partner For Balcony Power Plants
Eyeing Growing Demand For Plug-In Solar Systems, European Manufacturers Join Hands
Wednesday, 13 Mar 2024
Having announced plans to shut down its solar module manufacturing fab in Germany, Meyer Burger Technology has revealed plans to work with solar microinverter manufacturer Solarnative GmbH to introduce Made-in-Germany balcony power plants. Solarnat.
Primergy Lands Solar Power Supply Contract & Debt Financing
Microsoft Turns Offtaker For 100 Percent Capacity For 408 MW AC Ash Creek Solar Project
Tuesday, 12 Mar 2024
US-based utility-scale solar and storage projects developer Primergy Solar has secured a long-term offtake agreement for the entire output of its upcoming 408 MW AC project in Texas with Microsoft.
1 GW Solar & Energy Storage Partnership For Philippines
ACEN & BrightNight Expand Renewable Energy Collaboration To Invest $1.2 Billion In Asian Market
Monday, 11 Mar 2024
US-based renewable energy power producer BrightNight and the listed energy platform of the Ayala Group ACEN Corporation will co-develop 1 GW AC solar and storage portfolio in the Philippines. This is the initial portfolio of BrightNight in the Asia.
Solar PV Most Awarded Tech Through Govt. Tenders In 2023
Auctions To Remain Primary Route For RE Development; 102 GW To Be Tendered In 2024
Friday, 08 Mar 2024
After awarding 137 GW of renewable energy capacity in 2023, led by solar PV and wind power projects, governments across the world are likely to drive 102 GW growth in 2024 via tenders.
UK’s NextEnergy Capital Expands Fund By $100 Million
Unidentified European Pension Fund Invests In OECD-Focused Solar & Battery Storage Strategy
Friday, 08 Mar 2024
The UK-headquartered global renewables manager NextEnergy Capital has secured capital commitment of $100 million from an unidentified European pension fund for its NextPower V ESG (NPV ESG), a solar and battery storage strategy fund. The focus of t.
Chile’s Largest Copper Producer Contracts Renewable Energy
Codelco Contracts Atlas, Colbún & Innergex For 1.8 TWh/Year Renewable Energy Supply
Thursday, 07 Mar 2024
Chile’s state-owned Codelco, one of the world’s largest copper producers, has completed its competitive solicitation drive to select 3 companies for a 15-year 1,825 GWh/year renewable energy supply starting from January 1, 2026.
BNEF Counts 444 GW DC New Solar PV Capacity Additions In 2023
29 percent Annual Growth For Global PV Deployments In 2024, But Manufacturers Struggling To Make Profit
Wednesday, 06 Mar 2024
Global solar installations in 2023 reached a record 444 GW DC, surpassing Bloomberg New Energy Finance’s (BNEF) guidance of up to 415 GW DC for the year and recording 76% annual growth. In 2024, it forecasts new module build to reach 574 GW DC wi.
Green Loan For Renewable Energy Projects In Southeast Asia
IFC Loans $64 Million To Thailand-Based Solar Power Firm To Strengthen & Expand Green Energy Portfolio
Wednesday, 06 Mar 2024
Sermsang Palang Ngan Company Limited (SPN) of Thailand has secured a financing package of $64 million from the International Finance Corporation (IFC) to expand its renewable energy portfolio in Thailand, Indonesia and Vietnam. A wholly-owned subsi.
Europe’s Largest Offshore Floating Solar Demonstration Plant
EU’s Horizon Europe Program To Fund 5 MW OFPV Project For Integration Into RWE’s Offshore Wind Farm
Tuesday, 05 Mar 2024
The Dutch-Norwegian cleantech company SolarDuck says a 5 MW offshore floating PV (OFPV) project has secured funding from the European Union (EU), calling it the largest OFPV demonstration project in Europe.
British Renewables Firm Bags Finance To Expand In Europe
Hive Energy Eyes International Growth With Bank Guarantee Facility; Acquires 272 MW In Poland
Tuesday, 05 Mar 2024
With the help of the UK Export Finance (UKEF), Hive Energy has secured a £19 million ($24 million) bank guarantee facility from Santander to strengthen its international renewable energy presence, with an immediate focus on the markets of Turkey, Po.
Chinese Module Manufacturer Ventures Into Cell Production
Sunova Solar Launches 9 GW Cell Fab For Large-Wafer Sized Products, Dedicated To TOPCon Tech
Tuesday, 05 Mar 2024
Sunova Solar, the Chinese solar module manufacturer, has announced its vertical integration with a 9 GW solar cell factory in China’s Yibin city in Sichuan province, devoted to TOPCon technology. The cell fab will produce TOPCon cells with 182 mm, 199 mm and 210 mm wafer-sized cells.
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Australia's @CSIRO has achieved ‘clean energy breakthrough’ with a ‘new efficiency record’ for fully roll-to-roll printed solar cells reaching 11% for large-area modules ...& up to 15.5% for individual small-area cells, replacing gold with carbon-based inks
https://taiyangnews.info/australias-csiro-led-team-reports-new-efficiency-record/
#China Solar PV News Snippets: @tuvcom_solar certification for @risenenergy; @TrinaSolarUS to buy 1.3B TOPCon cells; Runergy modules CSI SpA Class 1 fire certified; @AkcomeSolar ...wins China Huaneng bid; @AstronergySolar signs agreement with 3 companies https://taiyangnews.info/china-solar-pv-news-snippets-203/
Chinese solar module manufacturer DAH Solar has expanded its full-screen module series with the launch of its latest frameless double-glass PV modules using TOPCon cell technology... #SOLAR #solarenergy #TechNews https://taiyangnews.info/dah-solar-expands-patented-full-screen-technology-module-series/
The @Europarl_EN formally adopts revised EPBD under which EU Solar Standard mandates all new residential buildings to be rooftop solar powered by 2030; @SolarPowerEU wants ...integration of these measures into construction practices & building requirements https://taiyangnews.info/eu-solar-standard-one-step-away-from-becoming-a-law/
Leading gold miner @GoldFields_LTD will invest AUD 296 million in a new hybrid #SOLAR & wind power plant to power the St Ives mine in #westernaustralia. It will bring down the... mine’s electricity costs to 1/3rd of its previously projected costs by 2025 https://taiyangnews.info/hybrid-renewable-energy-plant-for-gold-mining-company/
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