Solar Servicing to acquire insolvent Mosaic
Solar Servicing LLC, a unit of Forbright Bank, will acquire insolvent Mosaic, with no plans to issue new loans but continued support for existing borrowers.
South Africa awards energy trading license to largest private bank
Investec has become one of the first financial institutions in South Africa to be awarded a license to buy and sell energy, beginning with a 50 MW solar project currently under construction. There are now 14 private companies with an energy trading license in South Africa.
Risen presents 475 W TOPCon solar panel with 23.8% efficiency
Chinese solar module maker Risen Energy has introduced a 475 W bifacial solar module with a power conversion efficiency of 23.8% to the Australian market, targeting the rooftop market.
China’s SoleFiori to build 6 GW HJT solar module factory in Saudi Arabia
SoleFiori signed a deal to set up a 6 GW heterojunction (HJT) solar module plant in Saudi Arabia, supplying high-efficiency panels tailored for desert conditions.
Italy storage deployments rise sixfold in Q2 on utility-scale growth
Italy’s storage market rebounded in the second quarter as utility-scale systems drove a sixfold rise in deployments of 1 to 10 MWh units.
Chad plans 520 MW of solar by 2030
Chad plans to raise $1.1 billion to add 886 MW of power capacity, the majority of which is expected to be solar.
US grid-scale storage leaps 63%, residential 132%
A report from the American Clean Power Association (ACP) and Wood Mackenzie indicates the utility-scale energy storage sector added 4.9 GW in the April-to-June quarter, representing 63% year-on-year growth, while residential storage increased by 608 MW.
US solar pricing needs a reality check
Sustainable projects depend on prices – and suppliers – that hold up under compliance, delivery and long-term performance requirements.
Sweden switches on 89 MW hybrid wind, solar project
The first hybrid power project belonging to Danish renewables developer European Energy is a 39.3 MW solar array tied to a 49.6 MW wind facility in southern Sweden.
KAUST achieves 28.7% efficiency in perovskite-perovskite-silicon tandem solar cell
An international team of researchers led by King Abdullah University of Science and Technology has fabricated a triple junction perovskite-perovskite-silicon tandem solar cell that achieved a world record efficiency for this cell architecture. The device incorporates stabilized perovskites that ensure improved performance and stability.
