Markets & Finance

A round-up of solar industry news from across the US, including updates from National Grid Renewables, Capital Dynamics, CenterPoint and the state of California.

Microinverter supplier to use proceeds to repurchase notes due 2024 and 2025 as well as other corporate purposes

Iberdrola has unveiled plans to double its spend on renewables, taking its investment from €75 billion (US$91 billion) by 2025 to €150 billion (US$182 billion) by 2030.

France’s ninth auction for ground-based solar PV has seen 452MWp awarded, with average prices up 4.7%.

PV module manufacturer Maxeon Solar Technologies is to appoint a new CFO, Kai Strohbecke, from March 15 2021, seven months after its spinoff from SunPower subsequent and NASDAQ IPO.

Mytilineos is looking to transfer its global experience of solar and storage project development to help decarbonise the Greek electrical system and hit 3GW of PV capacity by 2030.

Strong installs expected in China, India and other markets as supply chain concerns ease and costs drop further

Dozens of chief executives in the renewable energy sector have demanded that US President Joe Biden repeal the tariff hike Donald Trump’s Administration placed on solar panel imports last year.

Solavio Labs, an Indian start-up that provides autonomous solar panel cleaning technology, is expanding its footprint to North America and the Middle East after securing fresh funding.

BayWa r.e. has bolstered its digital services offer through the acquisition of software platforms and data science teams of German firm Kaiserwetter.