Global mining giant Peabody Energy has entered the solar industry by launching R3 Renewables, a renewable energy company aiming to deploy over 3.3GW of solar PV and 1.6GW of battery storage capacity over the next five years.
German renewables company BayWa r.e. is planning to realise more than 1GW of solar and wind plants this year as it heightens its focus on subsidy-free projects.
The February 2022 episode of the Solar Media Podcast features discussion around the energy sector impacts of Russia’s invasion of Ukraine, an exclusive interview with Lightsource bp’s leadership team and all the news from our Energy Storage Summit 2022.
Indian independent power producer Azure Power exceeded the upper end of its revenue guidance for its Q3 fiscal year thanks to the addition of new renewables projects.
Daqo New Energy recorded a dent to its quarterly revenues and margin in Q4 2021 after production costs spiralled and sales fell against a slide in demand.
Solar tracker manufacturer and project developer Soltec witnessed a strong Q4 performance help reduce its loss for the full year to €1.2 million (US$1.34 million), with its project pipeline growing to in excess of 10GW.
Indian independent power producer (IPP) ReNew Power posted a 25.6% jump in revenue for the first nine months of the fiscal year 2022 (FY22) compared with the same period in the 2021 fiscal year, while its net losses soared as a result of its August IPO on the NASDAQ.
