Meyer Burger locks in $39.48M loan amid supply deal talks with DESRI
A $39.48 million bridge loan enables Meyer Burger to progress on revised supply agreements. More details here.
Business Bytes
CBP detentions impact Maxeon’s Q3 2024 results
Maxeon shifts focus to the US market after Q3 losses caused by Customs and Border Protection detentions and low production. More here.
VSUN Solar faces lawsuit for infringing JinkoSolar’s patents
JinkoSolar files patent lawsuit against VSUN Solar and Toyo for infringing TOPCon technology patents. Details here.
TRUZON SOLAR expands solar adoption across key Indian states
To promote solar energy awareness, TRUZON SOLAR has partnered with Mahesh Babu to boost adoption through tech and government incentives. Learn more here.
Q3 results show Canadian Solar’s strong solar pipeline
Canadian Solar’s Q3 2024 highlights include $1.5B revenues, 8.4 GW module shipments, and strong development pipeline growth. Details here.
Neighborhood Sun licenses SunEngine to PTM Solar in US
PTM Solar partnered with Neighborhood Sun to use the SunEngine platform for solar operations, streamlining management for 95,000 subscribers across 12 states. More details here.
Energy wheeling framework adds 500 MW to South Africa’s grid
GuarantCo and BII partner to unlock $500 million for renewable energy projects in South Africa, boosting clean energy capacity by 500 MW.
European Energy partners with Oklahoma for 1 GW renewables
Oklahoma has collaborated with European Energy to enhance renewable energy capacity, targeting 1 GW by 2027. Learn more here.
Neoen and Equinix sign 53 MW solar PPA in Italy
Equinix and Neoen finalized a 10-year PPA for 53 MW of solar energy in Northern Italy. Learn more about PPA here.
ewpartners invests in United Solar’s $1.5B polysilicon plant in Oman
United Solar’s $1.5 billion polysilicon plant in Oman secured ewpartners’ investment to produce 100,000 tons annually. Learn more here.