Search

The Chinese-Canadian manufacturer reported a 1% decrease in sales in the third quarter, with net profit falling 19%, to US$55.2 million. Quarterly shipments were up significantly year on year, from 1.59 GW in July-to-September last year to 2,387 MW this time around. The company expects to ship up to 8.5 GW of panels and achieve turnover of up to US$3.16 billion this year.

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.

The company behind what is perhaps Europe's biggest solar plant has actually sworn to scale up financial investments to aid respond to the COVID-19 dilemma, which has forced them to quit PV building for the time being.

The worldwide Intelligent Solar market is valued at US$ xx million in 2020 is expected to reach US$ xx million by the end of 2026, growing at a CAGR of xx% during 2021-2026.

Brazilian telecommunications Claro SA has included 25 MWp of solar power to its distributed generation (DG) renewables portfolio with the commissioning of 4 solar photovoltaic or pv (PV) plants.

The expense of structure and also operating brand-new utility-scale PV is now less expensive than running existing coal plants in China, India as well as throughout much of Europe. Yet, rising asset rates can see PV projects come to be momentarily much more expensive in the 2nd fifty percent of 2021, according to BloombergNEF analysis.

The Solar PLI manufacturing bids have ultimately been opened by the Indian Renewable Energy Development Agency (IREDA).

Renewables developer and representative BayWa r.e. will open new offices and a warehouse in Poland to improve its services for PV installers in the country.

India will offer extra support for residential solar equipment producers to aid satisfy the nation's rising renewable resource generation ability, Prime Minister Narendra Modi has said.

US household solar installer SunPower's backlog soared to a record 13,800 customers entering Q2 2022 with the installer validating a series of financial investments it is making to meet surging demand.

The nation additionally means to re-tender its terminated purchase workout for the Dimona solar energy plant in the Negev desert. The capability of the project will certainly be broadened from 300 MW to 500 MW.

Solar is the "brand-new king" of electrical power, the International Energy Agency has claimed, with the asset course set to release more brand-new capability after that any other innovation each year for the coming decades.

The utility-scale energy storage space market set up 4,733 MWh in Q3 2022, going beyond the previous quarterly high of 4,590 MWh set in Q1 2021. This info is in the most up to date "united state Energy Storage Display" record from ACP and Wood Mackenzie. Grid-scale storage releases in Q3 primarily came from California and Texas, which accounted for 96% of overall mounted capacity.

In 2021, the total mounted renewable capacity for SIDS stood at 6533 MW, a boost from 6141 MW in 2020.

The most up to date round of public auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a brand-new low of Rs 1.99/ kWh in India.