German independent power producer (IPP) Encavis reported revenue growth in the first half of the year due to the contribution of two new Spanish PV plants that offset the impact of weaker weather conditions.
US tracker manufacturer FTC Solar is turning to alternative shipping methods and cost-cutting initiatives in a bid to return the business to profitability in Q4, with the company’s cost base continuing to surge.
A consortium that is developing Saudi Arabia’s largest solar project has reached financial close for the plant and has secured the backing of state oil producer Saudi Aramco.
Maxeon Solar Technologies has said it may face manufacturing disruptions if it is unable to mitigate the impacts of raw material and component cost increases from its suppliers.
Special-purpose acquisition company (SPAC) CBRE Acquisition Holdings (CBHA) has filed Form S-4 with the US Securities and Exchange Commission (SEC) regarding its merger with solar developer Atlas Power
An amendment added to the US budget resolution bill this week seeks to prevent renewables projects using technology built in China from claiming federal funds and subsidies. Liam Stoker explores the amendment’s potential to disrupt solar deployment.
Canadian Solar has tweaked its planned capacity expansions for this year, stripping back module assembly capacity expansion to instead produce more solar wafers and cells as the industry continues to recalibrate following months of supply chain volatility.
Canadian Solar reported record quarterly revenue in Q2 2021, buoyed by a return to profit from its manufacturing division, but reduced its total shipment guidance for the year amidst continued industry headwinds.
SMA Solar Technology saw inverter sales decline in the first half of 2021 and warned of potential delivery capacity constraints in H2 because of the ongoing strained supply situation for electronic components.
