Americas

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.

Clean energy trade bodies ACP, ACORE and SEIA have denounced an attempt by Republicans to roll back the Act, which has spurred unprecedented investment in the US market.

Italian utility Enel’s US subsidiary Enel North America has said that Oklahoma is the favourable location for its planned 3GW US cell and module manufacturing facility.

US residential solar installer Sunnova posted an improved adjusted EBITDA of US$14.6 million in the first quarter of 2023, while it is expecting a year-on-year increase of up to 114% in its adjusted EBITDA this year.

Community solar is poised to exponentially grow in the coming years through the IRA and other state-level legislations, as well as in agriPV.