US partners launch 150 MW solar project in Taiwan
Energy services provider Elapath Energy and blockchain-based platform RenewableErgon are collaborating on a 150 MW solar project in Chiayi County, Taiwan.
SolarEdge posts $1.21 billion net loss in Q3
SolarEdge reported $260.9 million in revenue for the third quarter of 2024, down from $725.3 million in the same quarter last year. The Israeli manufacturer also posted an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications.
Solar stocks nosedive as Trump victory is secured
With a Republican White House, Senate, and the House of Representatives up for grabs, core solar industrial policy will possibly be repealed.
EBRD, EU finance 126 MW solar plant in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) and the European Union are investing a combined $61.6 million in a 126 MW solar project in Uzbekistan. A special-purpose company fully owned by French developer Voltalia will develop the plant.
First Solar misses on Q3 revenue, lowers 2025 guidance
First Solar fell short of third-quarter revenue expectations, lowering its 2025 guidance. The US thin-film solar manufacturer cited slower project execution as a factor affecting revenue.
French asset manager Mirova invests €480 million in Austrian developer RP Global
The transaction, consisting of equity and convertible bonds, will cover Italy, Germany, France, Spain, Portugal, Poland and Croatia. RP Global aims to commission 2.5 GWp of renewable power in the next five years.
EBRD, European Investment Bank fund 99 MW of solar in Croatia
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are funding a 99 MW solar project in southwestern Croatia with a total investment of €62 million ($67.2 million). Construction will begin next year, and commissioning is set for 2026.
European corporate PPA market bound for another record year in 2024
At the RE-Source conference this week in Amsterdam, RE-Source Platform Policy and Impact Director Annie Scanlan projected record corporate power purchase agreement (PPA) growth in Europe for 2024. Corporate PPA capacity has already reached 10.7 GW this year, nearing last year’s record of 10.8 GW.
European Commission offers share of €4.8 billion fund to solar projects
The European Commission is offering 85 net-zero projects a share of €4.8 billion ($5.2 billion) in grants from the latest round of the EU Innovation Fund. Some of the projects will contribute to 3 GW of new solar manufacturing capacity.
JinkoSolar plans listing on Frankfurt Stock Exchange
JinkoSolar has revealed plans to issue global depositary receipts (GDRs) on the Frankfurt Stock Exchange to raise €580 million ($627.6 million).
