US tracker manufacturer FTC Solar is turning to alternative shipping methods and cost-cutting initiatives in a bid to return the business to profitability in Q4, with the company’s cost base continuing to surge.
A consortium that is developing Saudi Arabia’s largest solar project has reached financial close for the plant and has secured the backing of state oil producer Saudi Aramco.
Maxeon Solar Technologies has said it may face manufacturing disruptions if it is unable to mitigate the impacts of raw material and component cost increases from its suppliers.
Meyer Burger has been hit by supply chain bottlenecks that have slowed the ramp-up of manufacturing capacity at its new cell and module plants in Germany.
Special-purpose acquisition company (SPAC) CBRE Acquisition Holdings (CBHA) has filed Form S-4 with the US Securities and Exchange Commission (SEC) regarding its merger with solar developer Atlas Power
Canadian Solar reported record quarterly revenue in Q2 2021, buoyed by a return to profit from its manufacturing division, but reduced its total shipment guidance for the year amidst continued industry headwinds.
SMA Solar Technology saw inverter sales decline in the first half of 2021 and warned of potential delivery capacity constraints in H2 because of the ongoing strained supply situation for electronic components.
Indian independent power producer (IPP) ReNew Power has acquired two operating renewable energy portfolios in India, building on recent acquisitions in the country and boosting the company’s earning position
Nine US projects will receive funding from the country’s Department of Energy (DOE) to accelerate the commercialisation of technologies that can help integrate more solar electricity into the energy grid.
US solar tracker provider Array Technologies slipped to a loss in the second quarter of 2021, but has changed business processes in order to reduce its exposure to future rises in commodity and shipping costs.
