Energy storage software and services firm Stem, Inc said its acquisition of PV asset management company AlsoEnergy will allow it to “unlock significant value” within renewable energy after the transaction completed.
California’s energy transition will need 53GW of solar PV by 2045, with the state’s transmission system requiring a US$30.5 billion investment alongside major increases in energy storage to accommodate the extra power.
Canada-headquartered solar manufacturer Heliene will supply up to 250MW of its modules to commercial and industrial (C&I) PV developer Altus Power as part of a new strategic partnership between the companies.
This year could be a tipping point for Europe’s green hydrogen sector, with a flurry of activity predicted if the necessary policy environment is achieved, according to research and consulting firm Delta-EE.
Sunnova Energy and Generac Power Systems are expanding their strategic partnership, with Sunnova now able to offer its customers Generac’s newly updated technology to its current suite of offerings, which will include energy storage units and for the first time, standby home generators, microinverters, and load managers.
The State Bank of India (SBI) has partnered with Tata Power Solar Systems to establish a financing agency for commercial and residential solar projects up to 1MW.
A new sales initiative from Maxeon Solar Technologies focused on the US commercial and industrial (C&I) solar market will see the company provide its interdigitated back contact (IBC) modules alongside a performance assurance product from Omnidian.
India's government is to provide a further Rs19,500 crore (US$2.6 billion) of funding for its PV manufacturing Production Linked Incentive (PLI) scheme, with the country intent on spurring further development of a domestic solar manufacturing base.
