US-based solar tracker manufacturer FTC Solar is expecting to record a loss of up to US$17.3 million in Q2 2021 as multiple headwinds combine to put a major drag on performance.
Asia boasts a growing number of markets with solar development pipelines in excess of 1GW, a new report by Fitch has found, with the region dominating the consultancy’s project database analysis this year.
The US Department of Energy (DOE) has launched another Solar Prize funding round, making US$5 million available and including funds for software concepts for the first time.
First Solar has unveiled plans to more than double its US manufacturing capacity with a 3.3GWdc facility in Ohio that will produce thin film PV modules for the country’s utility-scale solar sector.
A round-up of the latest project news, as Mytilineos is chosen as EPC for a project in Uzbekistan, Clenergy forms a deal with the local Kongtong government for 150MW and CleanCapital teams up with CI Renewables for a 29MW portfolio.
Solar asset underperformance continues to worsen, with projects “chronically underperforming” P99 estimates and modules degrading faster than previously anticipated, risk management firm kWh Analytics has found.
Solar tracker maker Arctech has signed a deal with Ukrainian-headquartered energy company Rodina to supply 1GW of trackers for its global project portfolio.
The US could create between 500,000 – 600,000 jobs across the solar, wind and battery storage sectors if it reaches 50 – 70% renewables generation by 2030, research from new trade body the American Clean Power Association suggests.
The US Department of Energy (DOE) aims to bring the cost of making clean hydrogen down 80% in 10 years as part of a wider call for new developments in the energy sector.
