German lithium-ion based energy storage system maker Sonnen, says it achieved an undisclosed “seven-figure sales number” in the US in the first quarter of this year.
Germany’s ‘big four’ utilities have all referred to the growing importance of renewable energy in their business models in reporting their latest financial results.
Brazilian public bank Banco do Nordeste (Northeast Bank) has expanded the financing options available from its Northeast Constitutional Financing Fund (FNE) to include solar PV projects, wind farms, small hydro and biomass sources utilization plants.
Canada-based renewables firm SkyPower will join China-based battery developer BYD in competitive bidding for 750MW of solar and energy storage development in India.
US residential PV installer Sunrun reported better than expected first quarter 2016 results, despite the fallout from Nevada as installations grow year-on-year.
Sydney’s unique remote sensing technology developer Fulcrum3D has launched in Australia an advanced cloud tracking system that enables cheaper renewable energy by forecasting the power output of PV plants.
Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).
The Jamaican Office of Utilities Regulation (OUR) has announced the winner of its most recent renewable energy procurement project. The preferred selected bidder, Eight Rivers Energy Company (EREC), is to construct, operate and own a 33.1MW solar PV plant at Paradise Park in Westmoreland, at a proposed lowest electricity price of 8.54 US cents/kWh.
Iran has published new feed-in-tariffs (FiTs) for solar PV including a new category for solar projects of greater than 30MW in size, according to the renewable energy organisation of Iran (SUNA).
