Europe can halve the amount of gas in its energy mix and reduce energy costs by €323 billion (US$356 billion) if it rapidly accelerates renewable deployment, according to a new report from energy technology group Wärtsilä.
US solar developers have issued a strong rebuke to the country’s Department of Commerce (DOC) after it launched an investigation into alleged circumvention of antidumping and countervailing duties.
The US Department of Commerce (DOC) is to investigate alleged circumvention of antidumping and countervailing duties (AD/CVD) by solar manufacturers in Cambodia, Malaysia, Thailand and Vietnam.
Nextracker has been selected to supply its smart solar trackers and TrueCapture technology for the first phase of a 450MW PV project in Sudair, Saudi Arabia, which Nextracker said was the country’s largest solar plant currently under construction.
Investment firm Altor Fund V has acquired a significant minority stake in residential solar company Svea Solar with a major investment aimed at accelerating the installer's expansion in Europe's residential rooftop market.
Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio's current solar PV capacity.
French renewables company Voltalia’s financial performance last year was boosted by the growth of its project development, construction and equipment procurement segment, as the company heightened its focus on developing solar PV.
The foundation of a “transformed Maxeon Solar Technologies” is nearly in place, according to the company’s CEO, after it addressed its logistical failures, experienced strong demand for its products and landed a supply contract with US residential installer SunPower.
Italian grid operator Terna will invest €9.5 billion (US$10.45 billion) to help improve the country's national transmission grid and build cross-border interconnections, paving the way for easier access for renewables.
