Americas

As distributed energy resources such as residential solar rooftop increase in the next decade, its use for virtual power plants could save US utilities up to US$35 billion, according to a study from consultancy The Brattle Group.

BayWa r.e Solar Projects – the US solar developer arm of industrial conglomerate BayWa – has secured a US$115 million credit facility to support the expansion of its US solar and storage project portfolio.

US solar developer Swift Current Energy has closed financing on a 266MW solar PV project in Southeast Texas.

While bifacial modules promise advantages in power production, they can create complex performance monitoring challenges. That will need to be resolved if project production uncertainties are expected to remain at levels and expectations currently set with the deployment of mono-facial modules, write Ajay Singh and Derek Jones of Campbell Scientific Inc.

Jinko Solar has posted an improved financial result for the first quarter of 2023, as its net income attributable to ordinary shareholders increased by 18.6% quarter-on-quarter.

Indiana-based electric company CenterPoint Energy will switch to solar and wind to generate 80% of electricity by 2030.

Spanish renewable energy developer X-Elio has broken ground on a co-located solar and storage project across Liberty and Harris Counties in Texas.

Thin-film module manufacturer First Solar has reached a module backlog of 71.6GW and sold all its allocated US capacity through 2026.

Solar PV developer Lightsource bp has signed a deal with industrial manufacturing company Siemens for a 1GW supply of solar inverters to be deployed on Lightsource’s US PV projects.

Atlas Renewable Energy has signed a power purchase agreement (PPA) with Brazil’s largest aluminium producer for its 902MWp PV project in the state of Minas Gerais.