A round-up of the latest news from the US PV sector, as BlackRock acquires Distributed Solar Development, Cypress Creek closes US$200m of financing and Vanderbilt University moves towards 100% renewables.
Major PV inverter manufacturer SMA Solar Technology reported a rebound in shipments and sales in the third quarter of 2020, driven by a recovery in demand after its Q2 financials were hit by project slowdowns in Europe and the US due to COVID-19.
Germany’s RWE is on track to increase its solar and wind portfolio to 10GW by the end of 2020 as the company ramps up its renewable energy expansion following project commissioning delays due to the coronavirus pandemic.
The government of Colombia has announced plans to hold a renewable energy auction in the first quarter of 2021 that it says could represent an investment of more than US$6 billion in the country.
Solar developer Lightsource bp has once again turned to Array Technologies for its solar tracker procurement, purchasing 1.4GW worth of the supplier’s DuraTrack HZ v3 single-axis trackers.
The new episode of the Solar Media Podcast is out now, as Liam Stoker and Andy Colthorpe try to make sense of the US election result and what President-Elect Joe Biden may do for the green economy.
Solar tracker manufacturer Array Technologies said it beat expectations during Q3 despite a slide in year-on-year revenue associated with shifting purchase patterns.
US residential solar leader Sunrun has posted a 40% surge in installs in Q3 2020, noting that the productivity of its sales force has surged throughout the pandemic.
