Solar manufacturer Maxeon Solar Technologies' shipments in the third quarter could drop by about 23% quarter-on-quarter to only 622MW due to a reduced shipments to a US customer and a drop in demand in the global distributed generation (DG) market.
The International Financing Corporation has signed a deal with Moroccan state-owned phosphate mining and fertiliser producer OCP Group to partially finance 400MW worth of solar PV.
Norwegian energy company Statkraft has announced that president and CEO Christian Rynning-Tønnesen will leave the company after more than 13 years in office.
Many large solar PV projects cross over First Nations land, and the representative body the First Nations Clean Energy Network (FNCEN) says that “proper and meaningful engagement with First Nations will be essential for the success of the renewable energy sector.”
UAE power company Masdar has signed a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to develop up to 10GW of renewable energy projects, including ground-mounted, rooftop and floating solar.
Southern US utility the El Paso Electric (EPE) Company has issued a request for proposals (RFP) for renewable energy projects to serve its customers in New Mexico.
sonnenConnect will deploy a time of use (TOU) algorithm which, in conjunction with a battery (which NEM 3.0 reportedly incentivises), “ensures customers will not pay peak-period pricing at any point throughout the year”, the company said.