A round-up of the latest news from the US PV sector, as BlackRock acquires Distributed Solar Development, Cypress Creek closes US$200m of financing and Vanderbilt University moves towards 100% renewables.
A string of high-profile cyberattacks on energy infrastructure highlights the vulnerability of solar farms as they become increasingly reliant on digital systems. Alice Grundy looks at the rising threat of cyberattacks and the measures asset owners can take to mitigate the risks.
Major PV inverter manufacturer SMA Solar Technology reported a rebound in shipments and sales in the third quarter of 2020, driven by a recovery in demand after its Q2 financials were hit by project slowdowns in Europe and the US due to COVID-19.
Germany’s RWE is on track to increase its solar and wind portfolio to 10GW by the end of 2020 as the company ramps up its renewable energy expansion following project commissioning delays due to the coronavirus pandemic.
The government of Colombia has announced plans to hold a renewable energy auction in the first quarter of 2021 that it says could represent an investment of more than US$6 billion in the country.
Independent power producer (IPP) Amarenco Group has secured €150 million (US$176.8 million) in funding as it looks to ramp up solar project development in Europe and Asia.
BayWa r.e. will add 500MW of additional floating solar in the coming years in a move to take advantage of increasing demand for the technology among asset owners.
The founder and chairman of ‘Solar Module Super League’ (SMSL) member Jin Baofang has been detained by local government officials in Pingdu City, Shandong Province, China.
Solar tracker manufacturer Array Technologies said it beat expectations during Q3 despite a slide in year-on-year revenue associated with shifting purchase patterns.
US residential solar leader Sunrun has posted a 40% surge in installs in Q3 2020, noting that the productivity of its sales force has surged throughout the pandemic.
