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16 May 2023Recurrent Energy Signs Aggregation Deal for 100MW of Solar Energy in Texas
Recurrent Energy, LLC, a wholly owned subsidiary of Canadian Solar Inc., today announced that it has signed an aggregated virtual power purchase agreement with EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk, Inc. and a large healthcare company for 100% of the production capacity of the Liberty Solar project. Recurrent Energy is currently developing the 100 MWac solar project in Liberty County, Texas, around 50 miles from Houston. The project is expected to be operational in 2024. -
16 May 2023UFO Power Expand New Factory in Dongguan
UFO Power has recently expanded its Dongguan factory to meet the growing demand for its products. The new factory, covering an area of 7,100 square meters, boasts four automatic production lines and a state-of-the-art R&D center with 300 technicians. -
15 May 2023
Sungrow Debuts Its New Power Optimizer SP600S
The PV industry is currently experiencing a rapid phase of development, fueled by the global pursuit of carbon neutrality. With the continued rise in installations of distributed PV systems, the industry faces several critical challenges. These challenges include generating capacity losses due to module mismatch, potential safety risks arising from high DC voltage, disorganized distribution of multiple power plants, and low operation and maintenance efficiency, among others. -
12 May 2023Clenergy and Failte Solar Form Strategic Distribution Partnership to Expand Footprint in Ireland
Clenergy is proud to announce a new strategic distribution partnership with Failte Solar to grow its presence in the Ireland solar photovoltaic (PV) market. This partnership will enable Clenergy to offer its high-quality solar PV products and services to customers throughout Ireland, helping to drive the transition to renewable energy sources in the country. -
12 May 2023First Solar Strengthens Global Technology Position in PV with Acquisition of Evolar
First Solar, Inc. (NASDAQ: FSLR) today announced that it has further strengthened its global leadership in thin film photovoltaics (PV) by acquiring Evolar AB, a European leader in perovskite technology. The purchase price is approximately $38 million paid at closing and up to an additional $42 million to be paid subject to certain technical milestones being achieved in the future. The impact to 2023 operating expenses is expected to be approximately $2-4 million, excluding the impact of purchase price accounting. -
12 May 2023
Sungrow Contributes to Egyptian Carbon Zero Future by Introducing New-generation Commercial Inverters
Egypt, as a host country of the past COP27, views renewable energy as an effective way to mitigate and curb its increase in emissions. At the Solar Show MENA 2023 held in Cairo, Sungrow prepares for further contribution to the Egyptian green energy development. -
11 May 2023
Pivot Energy Closes $200 Million Financing Facility for 100MW Multi-State Portfolio
Pivot Energy is excited to announce the closing of a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Silicon Valley Bank (SVB), a division of First Citizens Bank, will lead the debt facilities, and Foss & Company (Foss) will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I projects planned to reach commercial operation (COD) between Q2 2023 and Q2 2024. -
11 May 2023
9Sun Solar Launches New Product - YY Type Solar Carport Mounting System
The solar carport is the simplest way to combine photovoltaic with building, which makes full use of the original site, is convenient to install, low in cost, energy-saving, and environmentally friendly. -
10 May 2023
AT&T Signs Agreement with DSD Renewables for 15.5MW of Community Solar Power in New York
AT&T has signed an agreement with DSD Renewables (DSD) to serve as an anchor tenant subscriber for a five-project community solar portfolio in Upstate New York, offtaking 15.5 megawatts (MW) of the larger 24.1 MW portfolio. The portfolio is expected to generate 17.4 gigawatt-hours (GWh) of clean energy annually, delivering enough electricity to power over 2,000 homes each year and offset the equivalent of 12,331 metric tons of carbon dioxide. -
10 May 2023
Sungrow to Supply 100MW+ of its Inverter Solutions to Orion Power
Sungrow announced to supply more than 100 MW of its inverter solutions to Orion Power. The solutions will be installed in over 20 small and medium-sized solar projects in Chile under the PMGD regulation, facilitating the Chilean energy transition with joint expertise and experience.