Companies

TCL Zhonghuan has made a series of announcements recently, including investing in a 25GW N-type TOPCon project, initiating a share buyback and releasing its operating data in the first quarter of the year, which reflected its new direction in the industry and confidence in high quality development.

NextEra Energy has signed a memorandum of understanding (MOU) with CF Industries – an ammonia producer – to develop a green hydrogen facility in Oklahoma powered by 450MW worth of renewable energy.

Renewables developer Ameresco has partnered with EPC contractor Sunel Group to bid on 1.5GWp of solar PV and battery energy storage system (BESS) project contracts across Europe.

Madrid-headquartered renewable energy company EDP Renewables has signed an agreement framework to develop 650MWp of distributed solar PV assets with Silicon Valley tech giant Google.

Indian renewable energy independent power producer (IPP) ReNew Power has issued green bonds to raise US$400 million for its subsidiary Diamond II.

According to its Impact Report, 2022 saw SunRun’s GHG emissions intensity (carbon produced per MW deployed) drop 10% year-on-year.

Its deployed solar was up from 48MW in Q1 2022, but solar deployments dropped sequentially in Q1 2023 mainly due to volatile weather.

Spanish renewables developer X-Elio has secured €102 million (US$112 million) for three solar projects in Spain with a total capacity of 147MW.

A combination of supply chain disruptions and extreme weather events that damage operational assets can lead to extended solar project downtimes. Rosa van Reyk, a senior underwriter at GCube Insurance, explores how the industry can ease supply chain pressure by rethinking cost efficiency and increased collaboration between developers and insurers.

US residential solar installer Sunnova has secured a conditional commitment from the US Department of Energy which will offer up to US$3 billion in a partial loan guarantee.