EDP Renewables (EDPR) added a total of 465MW of wind and solar capacity in Q1 2022, mainly due to its acquisition of Singaporean developer Sunseap, while it recorded a net profit of €66 million (US$69.8 million), up 75% on the previous year.
US residential solar installer SunPower’s backlog soared to a record 13,800 customers entering Q2 2022 with the installer confirming a series of investments it is making to meet surging demand.
The European Union (EU) should set higher solar PV deployment targets and speed up the energy transition to phase out its energy dependency on Russia as soon as possible, according to five member states of the bloc.
German conglomerate BayWa benefited from high demand for solar modules during the first quarter of 2022, with its revenues bolstered by the sale of an operational PV plant in the US.
Dutch thin film manufacturer HyET Solar has received backing from Australian green hydrogen producer Fortescue Future Industries (FFI) and Dutch investment fund Teslin Participaties that will help in the construction of its solar PV factory.
A breakdown of leading US solar installer Sunrun's financial results for Q1 2022 when it added 29,463 customers, with management now expecting installed solar capacity to be 25% or greater for the full year 2022.
US engineering, procurement and construction (EPC) contractors have shed light on the current challenges they face when sourcing solar modules as the country’s Department of Commerce (DOC) continues a circumvention investigation that could potentially lead to retroactive tariffs of up to 250%.
US utility company NiSource has pushed back the shutdown of some of its coal units owing to delays on the completion of some of its solar PV and co-located projects.
