Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, after financial figures suffered in the first quarter, due to the impact of COVID-19 on both its PV project and EPC business and demand for PV inverters in China.
Independent power producer Neoen has completed a 50MW expansion of its Hornsdale utility-scale battery in South Australia, an upgrade the company says will reduce the risks of blackouts.
Ib vogt has closed a €135 million (US$160 million) commitment from an institutional investor to help it pursue a global pipeline of solar projects that exceeds 16GW.
Indian PV manufacturer Waaree Energies is eyeing a major push in the US market after receiving an order for more than 300MW of mono PERC modules in the country.
Duke Energy Progress’ Integrated Resource Plan, published earlier this week, details how the US utility could turn to as much as 16GW of solar to meet surging any demand and replace retiring coal fleets.
A round-up of the latest news from the US, where DTE Energy plans a major solar expansion, Duke publishes its latest IRP and EDP Renováveis divests a majority stake in 563MW of renewable projects.
Enel Green Power has completed the 245MW second phase of the Roadrunner solar plant, which now increased its capacity to 497MW to become the largest PV facility in Texas.
US wholesale electricity supplier NextEra Energy Resources has said 700MW of contracted battery energy storage resources it will deploy California within two years could be followed by a further 2,000MW pipeline of battery projects under development in the state.
