Crowdsourced lending, such as the backing for this school array in South Africa, stabilized last year to account for 10% of the debt funding invested in global off-grid solar.

Image: The Sun Exchange

Off-grid solar industry body GOGLA has said West Africa secured more investment than the east of the … Read More

Module component prices and ocean freight rates surged in 2020 due to increased demand for Chinese goods and a pandemic container shortage. In the face of rising cost pressures, module manufacturers lowered utilization rates and postponed delivery during and after the Lunar New Year. Prices for most module components began … Read More

Image: TAQA Group.

Abu Dhabi National Energy Company (TAQA) has announced plans to ramp up its solar PV portfolio through a new strategic plan that will see the power producer aim to reduce its exposure to oil and gas.

By 2030, it is expected renewable energy will comprise more than … Read More

Image: Belectric Australia

The government of New South Wales has earmarked AU$750 million (US$578.5 million) to invest in climate action projects in a bid to reach net-zero carbon emissions by 2050.

The funds will be used to provide grants over the next nine years for equipment upgrades, technology development and … Read More

Image: Huawei

Chinese internet information services provider Baofeng Group is expanding the capacity of a 640 MW solar park in the Binhe New District on the eastern banks of the Yellow River in the Ningxia Province to 1 GW. In this giant project, the company is combining PV power generation … Read More

Last week, polysilicon and wafer prices grew significantly in China, according to Taiwanese market research company PV Infolink.

The average polysilicon price increased by 9% over the previous week, according to the analyst. High-quality polysilicon was priced at RMB 105 ($16.2) per kg this week compared to RMB 96 a … Read More

France deployed, last year, 11 MW less PV than in 2019.

Image: Ministry of Ecological Transition

PV systems with a combined capacity of 973 MW were installed in France last year, according to new figures released by the French Ministry of Ecological Transition. This compares to 962 MW a year … Read More

The largest and oldest power cooperative in Texas is filing for Chapter 11 bankruptcy protection, citing last month’s winter storm that left millions of state residents without power.

Brazos Electric Power Cooperative, which serves 16 distribution member co-ops that cater to more than 1.5 million Texans, said Monday that it … Read More