US-based renewable energy software provider Power Factors has announced its second European acquisition in as many months, securing a deal to acquire German peer 3megawatt.
Major polysilicon provider Daqo New Energy has reported a rise in revenues as average selling prices (ASPs) inched upward in the opening quarter, however the firm’s ASPs could effectively double in Q2.
Leading solar module and wafer provider LONGi has increased its wafer prices by around 12%, reflecting increased material and components prices being felt across the industry.
Renewable energy company and Solar Module Super League (SMSL) member Canadian Solar has invested in UK-based battery storage software company Habitat Energy.
Spanish oil major Repsol has made its first foray into the US renewables market with the acquisition of a 40% stake in solar and energy storage project developer Hecate Energy.
Spanish tracker manufacturer Soltec saw its revenue and earnings tumble in the first quarter of the year, citing delays in PV project development due to higher raw material costs that have led to increased module prices.
Array Technologies has withdrawn its guidance for 2021 after experiencing “unprecedented” increases in material and logistics costs which severely impacted earnings in the first quarter.
Spain’s Solarpack was affected by pandemic-related project delays in Chile during a first quarter, in which it saw its net profit shrink 95% year-on-year to €300,000.
Tutly Solar, French energy giant Total Eren’s subsidiary in Uzbekistan, has been awarded an €87.4 million US$106.32 million) loan package to develop a utility-scale solar PV system in the country.
Spanish energy company Acciona plans to carry out an initial public offering (IPO) of its renewables unit before the end of June despite recent volatility among Spanish green energy stocks.
