Storage

Russia’s invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power producer (IPP) Scatec.

Inverter manufacturer Sungrow has signed a 2GW distribution agreement with Australian distributor Solar Juice.

German conglomerate BayWa benefited from high demand for solar modules during the first quarter of 2022, with its revenues bolstered by the sale of an operational PV plant in the US.

Maxeon Solar Technologies has released its SunPower One integrated home energy solution, designed to 'proactively' advise homeowners on ways to optimise their energy usage.

US utility company NiSource has pushed back the shutdown of some of its coal units owing to delays on the completion of some of its solar PV and co-located projects.

A virtual power plant (VPP) pilot programme in Western Australia that aims to adapt grid management to support greater uptake of rooftop solar has aggregated its first package of residentially generated energy.

Solar Energy Industries Association (SEIA) has launched a non-profit to facilitate the energy transition through clean energy research and analysis.

French independent power producer (IPP) Neoen recorded a 36% leap in revenue in Q1 2022, solar revenue rising 31% year-on-year.

US developer Origis Energy has secured a loan that will help it progress with its pipeline of more than 20GW of solar, PV-plus-storage and standalone storage projects.