Companies

Technology company Nextracker and Northern States Metals Company have settled a patent infringement lawsuit concerning the latter’s solar energy business, Solar FlexRack.

French independent power producer (IPP) Neoen is aiming to more than double its renewable power capacity in the next four years.

Meyer Burger has accelerated plans to target the US high-end residential rooftop market with its heterojunction (HJ) PV modules.

The company reported record full-year revenue of to $872.7 million, compared to $647.9 million for the prior-year period.

Lightsource BP has secured a power purchase agreement (PPA) with electricity company Snowy Hydro to supply 88 service stations in New South Wales, Australia with solar energy.

In the full-year 2021, Daqo said it expects to produce approximately 80,000 to 81,000MT of polysilicon, compared to 77,288MT in 2020. The slight increase will be due to debottlenecking activities.

US community solar provider Nexamp has closed a US$440 million credit facility for a 380MW portfolio of PV and energy storage assets.

Green investment group Foresight Solar’s net asset value took a hit last year, driven by declining power price forecasts in some of its key markets.

Airtouch Solar, an Israel-based provider of robotic module cleaning technology, is looking to enter new markets after raising US$18 million in an initial public offering (IPO).

Australian utility AGL Energy has secured deals to acquire two commercial and industrial (C&I) solar companies, Solgen Energy Group and Epho, as it looks to strengthen its existing PV capabilities.