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Finance

Maxeon secures EU cash to make its ‘stick-on’ solar panels in France

The TotalEnergies-controlled solar manufacturer will secure an, as yet undetermined chunk of a new €118.6 million low-carbon innovation fund to start producing its frameless, glass-free solar roofing products at Porcelette, in northeastern France.

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Canadian Solar raises $100m to fund projects in Brazil

Canadian Solar has banked the cash for its growing portfolio of solar projects in a nation which had module demand of 5 GW last year.

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Chinese PV Industry Brief: Trina, Longi and Guangdong Electric Power all have reason to celebrate

…but cell manufacturer Aikosolar is expecting a reversal in fortune for the first half of the year and has blamed rising solar panel material costs.

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PowerGen and CrossBoundary to deploy solar to 55,000 people in rural Nigeria within a year

U.S.-owned, Nairobi-based mini-grid developer PowerGen has already rolled out seven local solar networks in the West African country, funded by equity investors who will recoup their cash when all 28 systems are sold to CrossBoundary Energy Access.

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Solar manufacturers warn of 12-18 months disruption for standalone products

Potential price rises of 14% for the solar home systems that are driving access to electricity in the world’s under-served regions could signal further arrested progress towards the UN goal of universal access by 2030.

Ireland set for another 400 MW of solar

Power Capital Renewable Power has acquired a controlling stake in an extensive solar portfolio under development by Terra Solar.

Net zero could be 630-plus gigawatt annual opportunity for solar

Analyst BloombergNEF has gazed into its crystal ball and predicted three routes to a net zero world. The ‘green’ scenario fleshed out in its latest New Energy Outlook is bound to appeal far more to the solar industry than the alternative, nuclear or fossil-fuel-powered outcomes.

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Sahel-wide group buying program could drive solar home system supply

A report commissioned by EU lender the EIB has dismissed the role solar mini-grids can play in achieving universal electrification by 2030 and signaled distribution to individual households should be the way forward, including sales to the residents of UN refugee camps in East Africa.

Huge Vietnamese solar park could hit 2.8 GW within a year

An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.

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What is needed to persuade UK households and businesses to go solar?

The government’s Department for Business, Energy and Industrial Strategy surveyed householders and small businesses and was told the prospect of firms having to pay higher taxes after installing PV prompted fury – just as the national solar trade body has been telling Whitehall for years.

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