Swiss solar panel maker Meyer Burger will seek shareholder approval for a rights issue of as much as CHF 250 million ($284 million) to finance the completion of its US manufacturing facilities in Colorado and Arizona.
REC Advanced Silicon Material LLC is shutting down one of its two polysilicon production facilities in the United States. It says the decision is primarily due to regional structural imbalances in supply and demand for electricity.
Kosovo plans to auction off 950 MW of renewables over the next two years, to the tune of €1.2 billion ($1.29 billion).
UK renewables developer Pacific Green Technologies says it will double down on battery energy storage systems as a priority in 2024, as it has expanded its global pipeline to 6 GWh over the past year.
The European Commission has warned about the potential impact of trade measures on Europe’s renewable energy rollout, but has shied away from outlining emergency measures to address the continent’s solar manufacturing crisis.
UK-based Alcemi says it has obtained planning permission for the construction of 1.5 GW of battery energy storage system (BESS) projects in Scotland, developed in partnership with Copenhagen Infrastructure Partners (CIP).
Spain’s Ingeteam has released four new three-phase hybrid inverter models in 10 kW, 15 kW, 20 kW and 30 kW variants. All of them have two photovoltaic maximum power point trackers (MPPTs).
Massachusetts Institute of Technology (MIT) researchers have developed a new organic cathode material with an energy density higher than most cobalt-based cathodes. It can charge–discharge in as little as six minutes. Automaker Lamborghini has licensed the patent for the technology.
Dutch startup LionVolt has acquired AMTE Power’s battery cell production line in Scotland. It says it will use the assets for pilot production of its 3D solid-state thin-film batteries.
Suniva has ordered equipment for thermal process steps annealing, diffusion and anti-reflective coating and passivation (PECVD) from Germany’s Centrotherm, as it proceeds with plans to expand high-efficiency monocrystalline silicon solar cell production in Norcross, Georgia.
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