News

Canadian solar developer OYA Renewables has secured US$27 million in financing from City National Bank, the US subsidiary of the Royal Bank of Canada.

Power generated by the PV plant will be sold to Colombian energy trading firm Spectrum through a power purchase agreement.

Clean energy researcher Bridge To India has released its “Solar Map 2022” report, displaying the state of the Indian solar market as of December last year. The infographic report shows that state-by-state solar deployments continued to be inconsistent and that domestic module and cell supply accounted for far less capacity than imports, though overall installments still remain impressive.

Lithuania-headquartered solar PV manufacturer Solitek has expanded its operations into Italy with a 600MW module assembly plant in Benevento.

South Africa to include floating and ground-mounted PV at waterworks infrastructure

Brazil will invest BRL50 billion (US$9.5 billion) in new transmission lines and infrastructure to boost solar and wind deployments.

French independent power producer Girasole Energies has raised €96 million (US$103 million) to support and accelerate its growth in France.

It lost US$4.11 million in terms of adjusted EBITDA, improving from losing US$26.2 million in 2021.

Hanwha Advanced Materials Georgia (HAGA) – part of Hanwha Solutions – will increase its investment in the US state of Georgia to support the integrated supply chain plans of its PV manufacturing subsidiary QCells.

On March 22, the Silicon Industry branch updated the latest silicon price information, which maintained a descending trend.