Companies

A round-up of the latest news from the US, where Dominion Energy acquires a solar facility in Virginia and BayWa r.e incorporates Generac’s PWRcell battery system to its distribution offering.

China Three Gorges is to enter Spain’s solar fray through the purchase of a 500MW portfolio from developer X-Elio.

Germany's RWE has raised around €2 billion to accelerate its standing in renewable energy.

A judge has approved a US$60 million settlement for Tesla shareholders who challenged the company’s acquisition of installer SolarCity.

Europe’s fleet of solar arrays generated 68TWh of power in the first six months of 2020, a 15% increase on last year’s figure as new, larger solar farms came to the fore.

Momentum Solar and Generac Power have formed a strategic relationship that they say will accelerate the US residential adoption of solar-plus-storage.

The announcement from Tongwei on 10 August disclosing new cell price rises was a surprise for the whole PV industry. Compared to its previous quote on 24 July, the price of poly cells rose by another 6 USD cents/W, with a further increase of 8 cents/W for 156.75mm, 158.75mm and 166mm mono cells.

Abu Dhabi-based Masdar will acquire a 50% stake in 689MW of solar assets from EDF in the US, marking its first solar investment in the country.

Azure Power’s project commissioning activity ground to a halt in the three months ended 30 June 2020, as the impacts of COVID-19 were felt strongly in India.

India installed just 205MW of solar capacity in the second quarter of 2020, down 86% year-on-year, according to a new report from research and consulting firm Mercom India Research.