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.
Indian independent power producer (IPP) ReNew Power has acquired two operating renewable energy portfolios in India, building on recent acquisitions in the country and boosting the company’s earning position
Nine US projects will receive funding from the country’s Department of Energy (DOE) to accelerate the commercialisation of technologies that can help integrate more solar electricity into the energy grid.
US solar tracker provider Array Technologies slipped to a loss in the second quarter of 2021, but has changed business processes in order to reduce its exposure to future rises in commodity and shipping costs.
US development and investment company LS Power has today announced the creation of Rev Renewable LLC, a new company focused on the development, acquisition and operation of energy storage and renewable projects
The Caribbean’s leader in renewable energy, Jamaica, is looking to procure 320MW of renewables this year as part of plans to diversify its energy sector.
Energea Global, a renewable energy investment manager, has announced a US$27 million deal with BTG Pactual to construct a portfolio of solar projects in Brazil.
A round-up of the latest news from the US solar market, featuring news of a new solar PPA signed between Ørsted and Microsoft, AEP Energy and Doral LLC sign another PPA for a project in Indiana and California courts are set to get solar and storage systems.
US solar balance of systems (BOS) solutions provider Shoals Technology Group reported a record Q2 revenue increase of 38% on last year, bringing the total to US$59.7 million. Its system solutions grew 62% year-on-year and contributed an increased share of last quarter’s revenue compared with the same period the year before
