Manufacturers urged to reinforce supplies amidst 'extremely fragile' supply chains
Makers in a variety of fields need to consider fattening their supplies as promptly as feasible to minimize an extended disturbance to international supply chains.
Jun 15, 2022 // Manufacturing News, China, Asia, covid-19, supply chain, logistics, shipping, Achilles
EU putting energy transition 'on turbocharge' as nationwide strategies boost renewables
European Union (EU) member states are preparing a surge in renewables to change fossil-fired generation as COVID-19, soaring gas rates as well as Russia's war in Ukraine taxed nations to relocate in the direction of cleaner and also less expensive sources of power.
Jun 2, 2022 // Markets & Finance News, Policy, rooftop solar, European Union, decarbonisation, covid-19, Ember, REPowerEU, gas prices, ukraine crisis, CREA
SolarEdge posts record quarterly revenue as European shipments soar
Inverter manufacturer SolarEdge gained from high need for its products in Europe to raise revenues to a quarterly record while browsing a scarcity of digital components.
May 3, 2022 // Manufacturing News, Markets & Finance News, Inverters, financial results, SolarEdge, covid-19, shipping, electricity prices
SNEC 2022 postponed up until December amidst Shanghai lockdown
Solar sector exhibition SNEC has postponed its 2022 edition up until the end of this year as a result of COVID-19 lockdowns in Shanghai.
Apr 25, 2022 // Markets & Finance News, China, Asia, shanghai, covid-19, snec, SNEC 2022
India solar module prices up 38% given that mid-2020 as demand outstrips supply
PV module prices in India have increased by ~ 38% in the last 20 months, in part due to provide chain disruptions and also increasing solar demand, with rates not expected to drop till completion of following year.
Apr 22, 2022 // Manufacturing News, Markets & Finance News, India, Asia, prices, covid-19, JMK Research, supply chain, module prices, BCD
COVID lockdowns in China worsening solar and also energy storage shipping crisis
COVID-related lockdowns in China are creating port congestion and delays to shipments of clean energy materials, worsening a currently limited supply chain circumstance.
Apr 12, 2022 // Markets & Finance News, JinkoSolar, shanghai, covid-19, COVID, lockdowns, ningbo, port of shanghai
Australia added 1.2 GW of large-scale solar in 2021 however renewables financial investment slows, report finds
Large-scale solar implementation in Australia leapt 38% year-on-year in 2021 as its 3 biggest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.
Apr 7, 2022 // Markets & Finance News, ENERGY STORAGE, Australia, rooftop, South Australia, Oceania, new south wales, investment, Clean Energy Council, covid-19, deployment statistics, Darlington Point
SMA Solar's 2021 inverter sales drop because of chip shortage
SMA Solar Technology's sales for 2021 came in listed below previous expectations for the year as the inverter provider was affected by a shortage of digital chips-- a headwind it expects to persist in the coming months.
Apr 1, 2022 // Markets & Finance News, Inverters, sma solar technology, Jürgen Reinert, covid-19, semiconductor shortage, sma solar, inverter supplier, semiconductor chip
Meyer Burger reduces solar module result at German plant because of COVID-19
Heterojunction cell and module producer Meyer Burger has actually reduced module outcome at one of its manufacturing plants in Germany as COVID-19 is creating above-average workforce lacks via health problem and quarantine orders.
Dec 3, 2021 // Manufacturing News, Germany, Europe, heterojunction, meyer burger, modules, covid-19
Technology Drives a Power Transition
2020 was the initial year in which sustainable wind, solar, hydropower, as well as biomass as well as waste power supplied the entirety of growth in global power generation
Dec 2, 2021 // Markets & Finance News, Solar, wind, hydropower, covid-19
Iberdrola broadens financial investment as revenues experience amid power price turmoil
Spanish utility Iberdrola has broadened its investment in renewables and clever grid projects to EUR7.03 billion (US$ 8.15 billion) yet its internet profit experienced, falling 10.2% to EUR2.4 billion (US$ 2.78 billion), according to its recent financial results for the first nine months of 2021, released today.
Oct 27, 2021 // Markets & Finance News, Iberdrola, financial results, covid-19
Azure Power returns to productivity regardless of restricted project commissioning
Azure Power is on track to increase its operating solar capability by at the very least a 3rd this fiscal year adhering to a first quarter that saw the independent power manufacturer (IPP) return to success.
Sep 1, 2021 // Markets & Finance News, IPP, India, financial results, Asia, Azure Power, covid-19, company results
Global Solar Installations Reached 138.2 GW in 2020
In spite of the ongoing effect of COVID-19, a massive 138.2 GW of solar was set up in 2020, representing an 18% boost compared to 2019, locates a new report by SolarPower Europe. The study additionally found that the global collective solar capability reached 773.2 GW, surpassing 3 quarters of a terawatt for the first time ever, in 2020.
Aug 30, 2021 // Markets & Finance News, Walburga Hemetsberger, SolarPower Europe, covid-19, Michael Schmela, Aristotelis Chantavas, EPIA, European Photovoltaic Industry Association, Global Market Outlook report
iSun revenue leaps however Q2 performance affected by supply chain delays
Solar construction company iSun expects to double its profits in 2021 compared to last year in spite of supply chain delays as well as labour lacks impacting its Q2 efficiency.
Aug 25, 2021 // Markets & Finance News, EPC, financial results, mergers and acquisitions, m&a, covid-19, supply chain, company results, iSun, John Sullivan
Sunworks increased by Solcius offer as residential profits leaps
United States solar as well as storage space installer Sunworks has seen its 2nd quarter earnings rise following its acquisition of peer Solcius earlier in the year.
Aug 17, 2021 // Residential, Markets & Finance News, Rooftop PV, USA, North America, Sunworks, covid-19, sunworks inc, Solcius, Gaylon Morris