The world’s solar power generation capacity will have to reach 14.4TW in the next 30 years to ensure that the global temperature does not rise above 1.5 degrees celsius this century.
Solar Balance of System (BOS) solutions provider Shoals Technologies has celebrated a “record year” in which revenues grew 21%, placing various post-IPO targets firmly in its crosshairs for 2021.
‘Solar Module Super League’ (SMSL) member Canadian Solar is guiding a significant increase in PV module and energy storage shipments, resulting in full year 2021 revenue of between US$5.6 billion to US$6.0 billion, over 70% higher than revenue reported for 2020.
Advisory, audit and testing group UL has unveiled a new service for utility-scale renewable hybrid power systems to evaluate their potential profitability.
Berlin-based greentech startup Zolar has raised an additional €10 million (US$11.9 million) in an investment round led by Energy Impact Partners, bringing its series B funding to €35 million.
Incorporating deeper data analysis, and interpreting this data to identify new options for connectivity, could help to mitigate grid fluctuations as more intermittent renewable energy continues to come online, according to Anja Langer Jaquin, chief commercial officer of cleantech startup Depsys.
