Oil and gas major Shell has said it will spend between US$2 billion and US$3 billion on renewables and energy solutions annually to help it attain net zero status by 2050.
Leading microinverter supplier Enphase Energy reported record full-year revenue and shipments in 2020, driven by an ongoing transformation in its contract manufacturing supply chain that will enable the company to supply between 16 million to 20 million microinverter units in 2021, should demand allow.
Renewable energy company Leeward is backing its acquisition of First Solar's 10GW project pipeline to allow it to compete within the US' solar landscape.
Growatt has launched a powerful 1500V string inverter for large scale solar plants. The MAX 1500V inverter aims to lower LCOE and achieve higher yields for clients.
Major inverter manufacturer SMA Solar Technology has reported preliminary full-year 2020 financial results which met the low end of guidance but also reported a slight decline in fourth quarter sales coupled to plummeting gross margins.
An Indiana-based subsidiary of power distribution company AES Corporation has announced it will buy a 195MW solar power project in the state in as part of its energy transition program.
