The supply mismatch between India’s solar module and cell capacity has had an unlikely fallout: low utilization of module manufacturing lines. With average capacity utilization at about 35% to 40%, manufacturers are struggling to keep their lines...

Generate Capital, an investor, owner, and operator of critical infrastructure, has closed a $117 million term debt facility with MUFG to finance 18 community solar projects totaling 114 MW across Illinois and New York. The financing supports...

38 Degrees North, a community solar and distributed renewable energy developer and operator, has closed a $260 million financing facility with infrastructure finance platform Apterra Infrastructure Capital to support the construction of...

ZAKH Renewable Energy and Engineering Manufacturing launched a full-cycle manufacturing facility dedicated to producing solar modules and building-integrated photovoltaics (BIPV). The facility is located in the Ras Al Khaimah Economic Zone in the...

Planted, a company that develops automated systems for solar project deployment, raised $31.8 million to expand its robotic fleet and scale solar project deployment. Piva Capital and RA Capital Management Planetary Health co-led the round, with...

U.S.-based solar module manufacturer First Solar has planned to withdraw its Section 337 patent complaint before the U.S. International Trade Commission (USITC) and continue pursuing lawsuits related to tunnel oxide passivated contact (TOPCon)...

Houston-based vertically integrated solar manufacturer SEG Solar has started commercial-scale production of heterojunction (HJT) solar modules at its second U.S. manufacturing facility, Tomball #1, in the Greater Houston area, Texas. The company...

Kolkata-based solar module manufacturer Vikram Solar has signed an agreement with Avaada Electro to procure 1 GW of domestically manufactured solar cells. Avaada Electro will supply Vikram Solar with half-cut N-type G12R tunnel oxide passivated...

Agastya Energy and Infrastructure’s (Agastya Energy) board of directors has approved a preferential issue of equity shares and convertible warrants totaling approximately ₹5.66 billion (~$59.32 million). The New Delhi-based company, part of the...