JinkoSolar secures AAA status in PV Tech’s latest review
PV Tech has awarded JinkoSolar the top AAA rating in Q3 2024, highlighting its 73.13 GW shipment success. Learn the details here.
Business Bytes
GoodWe BIPV unveils solar carport and panels at Melbourne expo
At Melbourne’s All Energy Expo, GoodWe BIPV showcased its solar products while partnering with Green Peak Energy, Direct Solar Wholesaler, and UV Power. Learn more here.
NTPC REL updates bid terms for 630 MW solar project in Madhya Pradesh
The Invitation for Bids for NTPC’s 630 MW solar project in Bareth, Madhya Pradesh, has been updated. The new deadline for submissions is November 14, 2024. More details here.
Solar installations and storage growth boost Sunrun Q3 results
US-based Sunrun has reported 92% year-over-year storage growth in Q3, surpassing targets despite a revenue dip. Learn more here.
UNDP Mozambique invites bids for solar PV at 17 health centers
A tender issued by UNDP Mozambique, in collaboration with the ITM Green Energy Team, seeks hybrid solar solutions for 17 health facilities, with bids closing on December 13, 2024. More about tender details here.
I Squared’s Cube Green Energy to acquire majority stake in Germany’s SUNfarming
Cube Green Energy, supported by I Squared Capital, acquired a stake in SUNfarming’s Agri-PV projects to enhance Germany’s 2030 energy goals. Deal closing Q1 2025. More details here.
SolarEdge reports 64% revenue drop amid market challenges
In Q3 2024, challenging market conditions led to a revenue decline and margin drop for SolarEdge Technologies. Learn about its financial and solar performance here.
FREYR Battery to acquire Trina Solar’s US solar assets
Acquiring Trina Solar’s Texas PV module facility allows FREYR Battery to scale US solar manufacturing. Discover FREYR plans for 2025 and beyond.
Sungage Financial partners BayWa r.e. to enhance solar financing
In an alliance to simplify financing for PV installers, Sungage Financial and BayWa r.e. offer a new no-cash upfront solution. More about the collaboration here.
PKO Bank, Phoenix back Econergy’s Resko PV project in Poland with €33 million
Econergy’s Resko solar project in Poland received €33 million in debt financing from PKO Bank, while Phoenix converted €4.2 million to a 49% equity stake. Read more here.