US residential solar lender Mosaic has filed for Chapter 11 bankruptcy amid rising interest rates and policy uncertainty, joining a wave of financial distress sweeping the sector. The company, which backed more than $15 billion in home energy loans, will pursue a court-approved restructuring backed by existing lenders.
Qcells says its new EcoRecycle facility in the US state of Georgia will remove aluminum, glass, silver and copper from used solar modules and process them for re-use.
THDC India, a subsidiary of NTPC, has commissioned the first unit of 250 MW of a 1 GW variable-speed pumped storage hydropower project in India.
This week Women in Solar+ Europe gives voice to Krystyna Kacperska, Marketing Director Europe at Germany-based SegenSolar. She says she never labeled her leadership style, but she always strove to lead authentically. “That includes vulnerability. I lead the same way I live: solution-oriented, assertive, empathetic, and open. I care deeply about what happens at work, and while I’m still learning to set boundaries and disconnect, I know that caring makes me a stronger leader,” she states.
Saatvik Solar has broken ground on a 4.8 GW solar cell and 4 GW module manufacturing plant in eastern India, with module production set to begin by the end of fiscal 2026 and cell output by fiscal 2027.
A Danish trade group has ruled out any link between suspicious components found in local energy equipment and recent reports of compromised solar inverters in the United States, narrowing the scope of an ongoing cybersecurity investigation.
German home energy and electrification company 1Komma5° has unveiled a residential energy ecosystem for the Australian market including solar panels, hybrid inverter, and the brand’s intelligent battery energy storage solution.
TPG Rise Climate has acquired UK-based Aurora Energy Research, expanding the US investment firm’s climate analytics portfolio. The deal follows reports earlier this year that Aurora’s private equity owner was exploring a GBP 1 billion ($1.35 billion) sale.
A unit of steelmaker Salzgitter AG has launched tenders for a 150 MWp solar power purchase agreement (PPA) and on-site battery energy storage system (BESS) as part of efforts to decarbonize steel production.
Heliene has opened a 500 MW solar module manufacturing line in Rogers, Minnesota, bringing its total US capacity to 1.3 GW. The facility has been operational since April.
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