US-headquartered solar tracker manufacturer FTC Solar said it was “on the cusp of profitability” after its revenue for Q4 2021 came in above the high end of its recently downgraded guidance.
Spanish developer Solarpack has launched a new business line through its click&go brand that allows customers to secure clean power directly from Solarpack’s solar assets under a remote self-consumption model.
Sweden’s solar output is set to triple over the next two years to 3TWh and, with electricity production from both wind and solar expected to increase, the Scandinavian country will export roughly 41TWh by 2024.
The levelised cost of electricity (LCOE) generated from solar power could fall by as much as 55% globally by 2030 as technology and production costs decline, new research from energy major bp has revealed.
Sun Cable has closed a AU$210 million (US$152 million) Series B raise with their existing shareholders to fund the development of its Australia-Asia PowerLink (AAPowerLink) subsea cable project.
Chinese solar manufacturer Risen Energy is to supply modules to energy giant Sinopec's green hydrogen demonstration project in Xinjiang, China, which is claimed to be the world's largest PV-based hydrogen production centre.
Solar investor and asset manager NextEnergy Group has launched a new renewables development division that will aim to develop 5GW of projects within three years.
Norwegian renewables company Scatec has signed a memorandum of understanding with the General Authority for Suez Canal Economic Zone (SCZONE), The Sovereign Fund of Egypt, the Egyptian Electricity Transmission Company, and the New and Renewable Energy Authority to develop a large-scale green ammonia plant in Egypt.
US solar deployment reached a record high in 2021, but with volatile commodity prices and supply chain uncertainty leading to project delays and cancellations, utility-scale additions are set to contract this year.
