Americas

SunPower has released its preliminary financial results for the second quarter of this year, which include a net loss of US$30 million.

The Tennessee Valley Authority (TVA) – a US utility headquartered in Knoxville – has ordered 279MW of First Solar’s cadmium telluride thin-film solar PV modules to outfit its Lawrence County Solar Project in Alabama, due to come online in 2027.

Florida-headquartered NextEra Energy has recorded a net income of US$2,795 million in Q2 2023 as both its renewables development and utility generation arms posted strong results.  

Independent power producer (IPP) BrightNight has partnered with automaker Rivian and environmental nonprofit The Nature Conservancy to develop an 800MW solar PV project on a former coal mine in Kentucky, US.

Edison Energy has revealed that the average price of power purchase agreements across Europe and the US has fallen from Q1 to Q2 2023.

The US Department of Energy (DOE) has announced plans to release US$20 million in funding for solar waste reduction and lifecycle technologies, including US$8 million of funding from the Bipartisan Infrastructure Law.

With solar-plus-storage project development increasing across the globe, PV Tech looked at its current challenges and advantages.

Argentina’s latest renewables auction awarded more than 630MW of capacity out of 620MW initially intended, of which 501.1MW from solar PV.

Japanese conglomerate Itochu Corporation has announced a plan to invest US$2 billion in renewable energy generation assets in the US and Canada.

Brazilian mining company Vale's Sol do Cerrado solar energy complex has reached full installed capacity of 766MW.