Canadian Solar has raised its 2022 revenue guidance as it progresses with efforts to ramp up its PV manufacturing capacity following a hike in module shipments in the second quarter.
US solar players have hailed the country’s landmark Inflation Reduction Act (IRA), signed into law by President Joe Biden this week, as a once-in-a-generation legislation that lays the groundwork for accelerated PV deployment and a significant ramp-up in domestic manufacturing.
The Electricity Transmission Competition Coalition (ETCC) has called for the Federal Energy Regulatory Commission (FERC) to require transmission competition for projects that are 100kV or larger, branding a lack of competition as “inflationary policy” and slamming the Commission's decision to re-write its refusal rules.
US$1 billion financing has been secured for a ‘Round-The-Clock’ (RTC) renewable energy project in India, marking the biggest single-project clean energy deal in the country, developer ReNew Power has claimed.
Solar Philippines Nueva Ecija Corporation (SPNEC) is planning to add a 3.5GW solar farm to its 500MW system already under construction on the Northern Filipino region of Luzon, which the company claims would make it the largest PV project in the world.
US President Joe Biden has signed the Inflation Reduction Act (IRA) into law, representing the largest climate package in US history and a major policy victory for the embattled president.
US residential solar installer Sunnova plans to offer a US$425 million private placement of convertible senior notes due in 2028, to pay off debts and fund operating costs.
LevelTen Energy, a US firm that has developed a platform for renewable energy asset transactions, has launched new software that provides power purchase agreement (PPA) price data.
US solar product manufacturer Shoals Technologies Group saw record revenue and gross profit in the second quarter of 2022 due to strong demand for its combine-as-you-go system and a large number of new customers buying up components.
Australia’s Northern Territory has struck a deal with French energy major Total Eren to develop a 1GW green hydrogen project in the city of Darwin that will be powered by 2GW of solar PV.
