Analysing the manufacturer's recent results disclosure, Mark Osborne details how Canadian Solar is falling behind its key rivals regarding its manufacturing expansions and shipments plans
Indian PV developer Adani Green Energy has raised a US$1.35 billion debt package to initially support the construction of a 1.69GW hybrid portfolio of solar and wind projects in the state of Rajasthan.
Residents living near two towns on the east coast of Spain will soon be able to sign up to receive power from the country’s first community agrophotovoltaic projects, which are being built to help reduce local electricity bills while exploring the impact solar shading has on the cultivation of tropical fruit.
‘Solar Module Super League’ (SMSL) member Canadian Solar is guiding a significant increase in PV module and energy storage shipments, resulting in full year 2021 revenue of between US$5.6 billion to US$6.0 billion, over 70% higher than revenue reported for 2020.
Advisory, audit and testing group UL has unveiled a new service for utility-scale renewable hybrid power systems to evaluate their potential profitability.
Abu Dhabi-based renewables company Masdar is continuing its international expansion with new plans to develop 500MW of solar in Ethiopia through a partnership with the country’s government.
Powertis has started construction work on two PV plants in Brazil that each have a capacity of 112.5MWp and are the Spanish developer’s first solar plants in the South American country.