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SunPower returns to non-GAAP profit in Q2, incomes grow
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.
Aug 4, 2021 // Markets & Finance News, USA, SunPower, North America
PVpallet Offers Up A Greener Option For Moving Modules
Every effort to make the solar chain greener should be welcomed. Wooden pallets are often overlooked as waste, a bad reasoning call when you take into consideration sheer quantity of wood utilized in pallets presently.
Sep 13, 2021 // Technology, luke phelps, module transportation, philip schwarz, PVpallet, stackable pallets
Solargis maps expose 'significant deviations' in average irradiance levels in key PV markets
The impact of solar source variability on numerous key global PV markets consisting of India, Australia as well as The United States And Canada has actually been exposed by a decade of evaluation from solar irradiance working as a consultant Solargis that illustrates "significant deviations from long-lasting standards".
Apr 12, 2022 // Markets & Finance News, India, Australia, Asia, Oceania, Solargis, North America, irradiance, maps, solar irradiance mapping
Senators Plead With Biden for Quick End to Solar Trade Probe
Examination endangers acute damage to united state solar, group says Tariff supporters state united state needs to develop solar supply chain
May 2, 2022 // Markets & Finance News, Tariffs, USA, North America, Joe Biden
Heliene seeing soaring demand for modules as AD/CVD case continues, eyeing capacity expansions therefore
Canadian PV module producer Heliene has actually seen extraordinary demand for its modules complying with the United States Department of Commerce's (DOC) decision to explore alleged anti-dumping and also circumvention (AD/CVD) by solar producers in Thailand, Vietnam, Malaysia and also Cambodia, which continues to spread chaos throughout the US solar market.
May 12, 2022 // Manufacturing News, USA, Canada, pv power plants, North America, module manufacturing, module supply deals, heliene, AD/CVD
Sunlight Group bags US$ 290 million in finances
Greece-based battery maker Sunlight Group has received EUR275 million (US$ 290 million) in car loan funding to expand production and study.
Jun 27, 2022 // Manufacturing News, Markets & Finance News, Storage, Greece, Germany, Europe, lithium-ion, loans, gigafactory, Sunlight Group
Solar Power Will Make Up Virtually Half Of New U.S. Electric Generating Capacity In 2022
In 2022, we anticipate 46.1 gigawatts (GW) of new utility-scale electrical generating capacity to be included in the U.S. power grid, according to our Preliminary Monthly Electric Generator Inventory. Almost fifty percent of the intended 2022 capacity enhancements are solar, complied with by natural gas at 21% and also wind at 17%.
Jan 11, 2022 // Markets & Finance News, USA, Solar, Battery Storage, North America, nuclear, wind, gas
Rocket Lab reveals space solar cell with 33.3% efficiency
The brand-new tool is based on an upside down metamorphic multi-junction (IMM) cell modern technology created by Rocket Lab's unit Solaero. The cell can be made use of in applications in the civil, military, and also commercial space markets.
Mar 11, 2022 // Technology, USA, solar cell, North America, efficiency, Brad Clevenger, Rocket Lab
Trump ratchets up tariffs on Chinese products – including batteries
While the damage is largely done for cells, modules and inverters, increased tariffs on U.S. module components and 15% measures on lithium-ion batteries are not good news for either sector.
Aug 29, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Inverters, Tariffs, USA, Lithium-ion batteries, TESLA, Sungrow, Trump, Inverters, Huawei, North America, tariffs, PV cells, modules, Enphase, Flex, USTR, Kelly Speakes-Backman
Southeastern US specifies to include 15 GW of PV by 2023
Some states as well as utilities are driving the development, while others lag.
Jun 26, 2020 // Plants, Large-Scale, Markets & Finance News, USA, North America, Bryan Jacob
Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in U.S.A.
HASI will make a common equity investment in a concerning 1.3 GW portfolio of operating solar as well as wind projects situated in 6 states of the US. The general public company is also funding land had by AES for a solar project as well as a standalone battery energy storage system in California.
Jan 5, 2023 // Markets & Finance News, California, USA, North America, hannon armstrong sustainable infrastructure capital, Wind Energy, AES Corporation, Leo Moreno, HASI, Manny Haile-Mariam, Moreno, Susan Nickey
U.S.A.'s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California
Wells Fargo, MUFG as well as Silicon Valley Bank to supply $260 million in Green Loan building and construction funding; J.P. Morgan Chase to give $143 million tax obligation equity financial investment. Leeward expands footprint in California with 174-megawatt (MW) solar facility as well as 88-MW storage facility.
Jan 12, 2023 // Storage, Wells Fargo, Kern County, MUFG, leeward renewable energy, leeward, jp morgan, California solar plus BESS, Chaparral Springs Solar + BESS Facility, Chris Loehr, Green Loan Principles, Rabbitbrush solar and storage project, silicon valley bank, solar plus storage in USA
Qcells Supplier Hanwha to Invest $147 Million in Georgian Center
The new center by Hanwha will provide clean power company Qcells with encapsulant film. Likewise, Hanwha will certainly be the only company in the USA producing solar encapsulants.
Mar 24, 2023 // Manufacturing News, Markets & Finance News, USA, Georgia, Europe, North America, Brian Kemp, Qcells, encapsulant film, Hanwha Advanced Materials Georgia, HG Park, Inhwan Kim, Matt Santini, Qcells facility in Cartersville, Qcells North America
First Solar's Indian Solar Factory Powers Up with 3.3GW Capacity
First Solar's new module factory in Tamil Nadu, India, boosts the country's solar technology sector and creates high-value jobs, supporting India's self-sufficiency goals and the global shift to cleaner energy.
Jan 12, 2024 // Manufacturing News, India, First Solar, Asia, PV module
Origami Solar readies second-gen steel module frame for certification testing
Steel photovoltaic panel frame supplier Origami Solar revealed that its second-generation frame is now ready for evaluation as well as certification testing. This 2nd variation is lighter as well as gives improved architectural efficiency compared to the first-generation prototype.
May 23, 2023 // Manufacturing News, origami solar, Gregg Patterson