Avaada Group closes $1 billion financing for its diverse projects for Q3 FY 2025
Avaada Group has completed INR 8,500 crore ($1 billion) in financing/refinancing for its large-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, commercial and industrial (C&I) projects and solar module manufacturing facilities.
Waaree Energies supplies 132.5 MWp of solar modules to Radiance Renewables
Waaree Energies manufactured and supplied 132.5 MWp of n-type TOPCon solar modules for a commercial and industrial project by Radiance Renewables.
Five solar businesses added to forced labor list, banned from U.S. entry
Under the Uyghur Forced Labor Prevention Act (UFLPA), five businesses in China were added to an entity list, making them ineligible to provide products and services in the United States.
MENA region hits 24 GW (AC) of total solar capacity
The Middle East Solar Industry Association’s (MESIA) latest report says solar capacity in the Middle East and North Africa (MENA) region grew by 25% in 2024, with local manufacturing and energy storage also accelerating.
Waaree Energies secures 180 MW solar module order
Waaree Energies has secured a Letter of Award from a domestic renewable power producer to supply 180 MWp of solar modules.
Chinese startup unveils flexible perovskite photovoltaic modules with 15.6% efficiency
Mellow Energy claims its ML-Flex panel is currently the world’s largest flexible perovskite solar module. Available in five versions with power output ranging from 260 W to 300 W, the module measures 1,200 mm x 1,600 mm and weighs only 2.04 kg.
Global solar module prices mixed on varying demand expectations
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Corporate funding in solar sector globally falls 24% to $26.3 billion in 2024
Mercom Capital Group says inflation, high interest rates, trade disputes and policy ambiguity all contributed to a drop in corporate funding and merger and acquisition (M&A) activity in the solar sector last year.
Premier Energies secures INR 1,460-crore order for solar cells and modules
Premier Energies has secured multiple domestic orders aggregating to INR 1,460 crore for supply of solar cells and modules.
Vikram Solar wins 1 GW PV module supply order
Vikram Solar will supply n-type TOPCon glass-to-glass PV modules for JSW Neo Energy Ltd’s renewable energy projects the Indian states of Karnataka, Gujarat and Rajasthan
