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Blackstone enters the electric bus and van race, plus the return of seed-stage solar investing

A weekly round up of investments and exits in solar and energy transition technologies.

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The world added .115 terawatts of solar power in 2019 for a cumulative .629 terawatts

IEA PVPS report: Global solar demand increased by 12% in 2019 compared to 2018 — but that was BC. According to the report, photovoltaics provided just under 3% of global electricity needs in 2019.

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Your guide to solar market growth in the global ‘gigawatt club’

Some 15 countries are able to lay claim to the status of being members of solar’s “gigawatt club” in 2019, according to projections from BloombergNEF. To kick off 2020, pv magazine’s global team of correspondents and editors have highlighted 10 fast-growing solar markets to evaluate where the opportunities, and potential risks, lie.

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Recom’s acquisition of Jabil lines could lead to a U.S. solar factory

The PV module manufacturer started negotiations with Jabil after the United States introduced duties on solar imports. Recom plans to restart manufacturing activities with Jabil’s 700 MW production equipment in the first quarter of 2019. Where exactly this will take place has not been disclosed yet.

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