Solar module manufacturer REC has shelved the construction of a 4GW French heterojunction module manufacturing facility, citing "changes in market conditions".
Renewables company Voltalia and Egyptian oil company TAQA Arabia have signed a memorandum of understanding (MOU) with the Government of Egypt to develop, finance and operate a green hydrogen cluster with solar PV and wind power.
French renewables company Voltalia has successfully raised US$516 million through a capital increase that will help build its new production capacity by 2027.
Module-level solar electronics supplier Tigo Energy is due to become a publicly listed company after signing an agreement for a business combination with Roth CH Acquisition IV, a US$117 million special purpose acquisition company.
Australian company Squadron Energy has acquired CWP Renewables in a deal it claims will make it Australia’s largest renewables developer, investor and operator.
Major polysilicon producer Daqo New Energy has increased its expected polysilicon production capacity by 100,000MT in Inner Mongolia and reach a total production of 305,000MT by the end of 2023.
The German Federal Network Agency has announced the results of its most recent auction for ground-mounted utility-scale solar PV, with 677MW worth of applications received and just 609MW approved out of a possible 890MW tendered.
As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook.
