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The Israeli inverter manufacturer saw its net profit decline 4% year-on-year to $33.1 million in the second quarter, despite shipping 1.3 GW and seeing a 43% increase in turnover. Gross margins were affected by the increase in U.S. tariffs on China made products.

The Chinese giant has actually jumped ahead of rivals who just recently revealed their intent to work in the direction of the next generation of mega panels by pledging to have its 600 W Vertex item on sale by the end of March.

In H1 2020, renewable energy sources created 40 percent of the EU-27 (European Union) electricity as they overtook nonrenewable fuel sources for the very first time

SECI has prolonged the bid submission deadline for its tender for the 5 MW solar PV plant at the V. O. Chidambaranar Port Trust in Tuticorin

For batteries made from an electrically conductive mixture, the consistency of molasses might assist solve a critical piece of the decarbonization puzzle. MIT scientists have actually developed a semisolid flow battery that might be able to exceed lithium-ion and also vanadium redox flow batteries.

The brand-new inverters will be deployed at Malaysia's latest utility scale solar power projects.

Complying with solid demand in the United States market for residential solar, United States solar installer Sunrun raised its customer enhancements by greater than in Q1 as well as uploaded better-than-expected monetary results, while still making a loss.

Solar and also wind power stand for a US$ 1 trillion financial investment possibility in Asia Pacific this years, equivalent to two-thirds of the area's total power generation industry, as countries move far from fossil fuel generation in favour of greener choices.

Scientists at The University of Manchester have discovered a way to accelerate the uptake of solar technology, by enhancing the ecological safety of perovskite solar cells.

TANGEDCO has actually issued a tender for the commissioning of a 1 MW solar plant with a linked 1 MW/3.0 MWh Battery Storage Space in Tamil Nadu.

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.

SunPower Corp (NASDAQ: SPWR) on Tuesday reported a 34.5% rise in GAAP net benefit from proceeding operations in its 2nd financial quarter with July 4, 2021, as well as went back to profit on a non-GAAP basis.

Uruguay's government today offered its draft green hydrogen road map, unveiling a vision for the country to have some 10 GW of electrolysers and come to be a net exporter of affordable hydrogen and its derivatives in the decade after 2030.

Scatec has today been awarded Preferred Bidder standing on three projects totaling 150MW (3x50MW) of Contracted Capacity, by the Department of Mineral Resources and Energy in South Africa under the technology agnostic Risk Mitigation Power Procurement Programme (RMIPPP). The tariffs awarded to the projects drop within the series of the formerly granted preferred bidders.

The expansion will certainly make this the world's biggest battery storage facility Vistra today announced that it prepares to additional expand its Moss Landing Energy Storage Facility in Moss Landing, California.