FTC Solar has downgraded the pricing of its initial public offering (IPO) and will list at a price of US$13 per share, rather than initial target range of US$18 – 20.
Enphase Energy beat its revenue guidance in Q1 2021 as the microinverter supplier got off to a strong start to 2021, however an ongoing semiconductor shortage has weighed heavy on guidance for the rest of the year.
The fallout from February’s winter storm in Texas could see new legislation enacted that would shift the cost of ancillary services onto renewable energy projects, potentially derailing solar deployment in a state that is currently on track to surpass California and become the US’ leading PV market. Jules Scully speaks to the market to determine the risk posed to solar as a result.
Intersolar Europe, the continent’s largest solar trade show, has been postponed once again and will now take place in early October, event organiser Solar Promotion has confirmed.
Tesla’s residential solar growth has continued into Q1 2021, but CEO Elon Musk has confessed to encountering major issues in roof assessments which have stymied installs of its Solar Roof product.
Solar developer ACWA Power has secured a total US$114 million from financial institutions to fund the construction of what it claims will be Egypt’s largest private solar plant.
Solar services provider Greencells has formed a joint venture with Italian developer Renewable Consulting to develop a 350MWp solar project portfolio in Pugila.
Danish solar company Better Energy is expecting to improve its financial performance this year thanks in part to its transition from a project developer to an independent power producer (IPP).
Mark Osborne provides in-depth analysis of LONGi's new 2021 guidance and its capacity expansion plans, as the solar industry's new shipments leader aims to break away from the rest of the pack.
