Solar developer ReneSola Power reported Q3 revenue below its guidance due to delayed PV project sales but said its pipeline is growing faster than previously expected.
A round up of the latest news from the Americas, including National Gird Renewables closing a US$98 million raise, a ski resort investing in solar via a partnership with Nexamp and Westbridge Energy buying a controlling stake in a solar and storage company
RWE is to invest up to €15 billion (US$16.92 billion) into its renewable portfolio in Germany by 2030 as well as expanding its workforce through hiring 200 new staff to work on developing solar PV and wind in the country
Mining giant Fortescue is to partner with Australian energy major AGL Energy to examine the potential of repurposing legacy coal assets for renewables-powered green hydrogen facilities.
Solar developer ib vogt has signed a €40 million (US$45 million) syndicated loan agreement with its long-standing German bank partner Commerzbank AG to support its international growth strategy
The US and China will account for a combined 57% of total forecasted solar capacity additions through 2030, with the countries adding 151.3GW and 436.9GW of solar capacity, respectively. Both countries have risks to this development, however, with the US needing to overcome trade and tariff problems, while China needs to ensure the reliability of PV production
Tesla is being investigated by the US Securities and Exchange Commission (SEC) following a claim that the company did not appropriately inform its shareholders and the public about potential fire risks from its solar systems, according to a report by Reuters.
