Spain has approved a new framework for carrying out clean energy auctions with the first set to go ahead by the end of the year, as the country looks to install around 60GW of renewables by 2030.
The acquisition of Solarcentury and its PV project pipeline represents a “big step up” for Statkraft as it looks to become one of the world’s leading renewable companies in the next five years, CEO Christian Rynning-Tønnesen has said.
US residential solar provider Sunnova has stood by its original guidance for 2020 despite recording a heavy loss in Q3, pointing towards a growing number of dealers and services it is offering.
Leading solar manufacturer JinkoSolar has said it is now “actively preparing” to list its Jiangxi subsidiary on China’s STAR market after it raised around US$458 million through an equity financing round.
‘Solar Module Super League’ (SMSL) member Trina Solar reported an 18.66% increase in revenue for the first nine months of 2020 compared to the prior year period, setting the company on a path to exceed 2019 financial results in the fourth quarter after several years of annual revenue declines.
Major polysilicon and merchant solar cell producer Tongwei has resumed production at its 20,000MT polysilicon plant in Leshan City, Sichuan province after damage, due to severe flooding in the region forced the plant to close in mid-August, contributing to a spike in polysilicon prices at the time.
US distributed solar and storage firm SunPower has joined the ranks of US installers to bounce back from a COVID hit Q2, while raising its guidance for the full year.
Enphase Energy exceeded its revenue guidance in the third quarter as microinverter shipments rebounded strongly on the back of a “significant” improvement in global demand.
China-based PV backsheet and high-efficiency PV module manufacturer Jolywood (Suzhou) Sunwatt Co (Jolywood) has reported record third quarter 2020 revenue and profits, while exceeding 2019 full-year financial results in the first nine months of 2020 as it continues to execute on high-efficiency n-type TOPCon module shipments to utility-scale PV power plant projects.
