Solar tracker manufacturer Soltec posted net profits of €13.1 million (US$13.9 million) for the year 2022, a €14 million increase on 2021 which saw a €1.2 million loss for the company.
US independent power producer (IPP) Silicon Ranch has expanded its master supply deal with domestic PV module manufacturer First Solar, bringing the total agreed supply between the companies to 6.2GW.
German research body Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has signed a letter of intent (LoI) with the Indian Department of Science and Technology (DST) to pursue developments in green hydrogen technology in the country.
Researchers in Singapore have found a less environmentally damaging way to produce perovskite solar cells in a laboratory, removing the need for lead which had previously been used.
Energy utility American Electric Power (AEP) has agreed to a sale of its 1.3GW unregulated renewables portfolio for approximately US$1.5 billion including project debt, with a view to investing in its regulated wires and generation business.
US distributed solar provider Sunrun has reported GAAP revenue growth of 44% year-on-year through 31 December 2022, with a similar 40% rise in Q4 last year compared with Q4 2021. 2022 also saw record solar installations for the company.
The China Petroleum and Chemical Corporation, also known as Sinopec, has inaugurated a green hydrogen facility in the Erdos region of Inner Mongolia which will employ 270MW of solar PV generation.
Finnish renewables developer Taaleri Energia – the renewables arm of Taaleri Group – and Nordics-focused developer Landinfra Energy have entered a partnership to develop 1.9GW of hybrid solar, energy storage and wind projects in Sweden.
