UK investors back 50 MW of solar in Nigeria with $3.6 million
Konexa, Climate Fund Managers and Norfund have agreed a funding package totaling $3.6 million to support a 50 MW solar plant in Nigeria, alongside new grid connections.
New biodiversity toolkit helps solar farm developers fast-track projects
Australia’s Thesium has launched a new product designed to help solar farm developers de-risk and accelerate their projects, which includes a credit feasibility analysis and board-ready stakeholder documentation.
Halocell, Australian researchers to scale lead-free solar tech
Australian perovskite cell producer Halocell Energy is partnering with University of Queensland researchers to accelerate the commercial production of lead-free solar panels based on record-breaking tin-halide PV cell technology.
EBRD backs 1 GW solar-plus-storage project in Egypt with $30 million loan
Scatec has broken ground on Egypt’s first major hybrid solar and battery project after securing a $30 million equity bridge loan from the European Bank for Reconstruction and Development (EBRD).
CATL aims to raise $4 billion with Hong Kong listing
Contemporary Amperex Technology (CATL) has launched a long-anticipated initial public offering (IPO) to raise $4 billion and fund overseas expansion, including a major battery plant in Hungary.
pv magazine Focus: As storage scales, co-located solar projects must adapt
At pv magazine’s Focus event at Intersolar Europe this week, moderated by ESS News Editor Marija Maisch, the panelists discussed co-location and financing, alongside forward-looking presentations on market trends.
SolarEdge rebounds on Q1 earnings surprise
The inverter and energy storage provider posted a second straight quarter of positive cash flow as it recovers from a difficult year.
Chinese PV Industry Brief: Longi ships 17 GW of back-contact modules in 2024
Longi says it shipped 17 GW of back-contact modules in 2024 and cut its net loss to CNY 8.62 billion ($1.18 billion), citing tighter inventory control, cost reductions, and higher investment returns.
Chinese PV Industry Brief: DMEGC posts gains as peers hit by weak Q1
Chinese solar manufacturers have reported mixed first-quarter results. DMEGC recorded strong growth while peers such as HiUV, Risen, Autowell and Jolywood suffered sharp declines amid falling prices and oversupply.
Off-grid solar investment down 30% in 2024
Off-grid solar investment fell 30% in 2024, with early-stage firms and productive-use tech hit hardest, says Gogla. The global association for the off-grid solar energy industry adds that scale-ups attracted 77% of the nearly $300 million invested, signaling stronger commercial viability among mature players.
