SolarEdge closes $40M transaction on Section 45X tax credits for US production
With a $40 million sale of Section 45X tax credits, SolarEdge strengthened US inverter production and expanded manufacturing in Texas and Florida. More details here.
Masdar, Sarawak Energy partner for floating solar in Malaysia
UAE’s Masdar collaborated with Sarawak Energy to evaluate a floating solar installation at the Murum Hydroelectric Plant. More details on this collaboration are here.
Vietnam’s Decree 135/2024 promotes rooftop solar power expansion
A new solar decree in Vietnam offers tax and license exemptions for small rooftop installations and encourages its adoption. More about the Decree 135/2024 here.
Avangrid completes key phase at Camino Solar in California
Camino Solar project by Avangrid, now equipped with 105,000 modules, will soon supply clean energy to 14,000 homes in California. More project details here.
Suntech Power signs 200 MW solar LOI with Polish energy
A Polish energy company partnered with Suntech Power in a 200 MW solar module agreement, supporting Poland’s projected PV capacity growth by 2025. More on this project here.
RRP Semiconductor secures INR 440 crore PV order from Telecrown
Telecrown Infratech granted an INR 440 crore contract to RRP Semiconductor for supplying materials needed to install 106 MW solar PV modules in Maharashtra. Details inside here.
Westbridge transfers Alberta’s 332 MW Sunnynook PV project to METLEN
METLEN acquired the Sunnynook Solar Project from Westbridge for C$41.4 million following regulatory approval from Alberta’s AUC.Full details here.
SolarBank’s West Petpeswick 3.1 MW solar project slated for Nova Scotia
As part of Nova Scotia’s 100 MW solar initiative, SolarBank’s West Petpeswick project will offer renewable energy credits for local subscribers. Find out more here.
Duke Energy to expand solar storage under NCUC order
NCUC approved Duke Energy’s Carolinas Plan, which will add 3,460 MW of solar and 1,100 MW of storage by 2031. Discover more here.
N-type modules dominate JinkoSolar’s global shipments in Q3 2024
JinkoSolar’s Q3 2024 revenue hit RMB 24.51 billion, with module shipments totaling 25,910 MW. Discover details here.