Americas

Global corporate funding for solar projects in the first half of 2020 was US$4.5 billion, a 25% drop year-over-year, according to a report from Mercom Capital Group.

‘Solar Module Super League’ member First Solar has aimed to double down on manufacturing with the sale of its O&M division, having kickstarted discussions around the future of its EPC business.

Solar manufacturers JinkoSolar and First Solar have pledged to derive 100% of their power demand from renewables amidst a set of wider goals.

US residential solar installer Vivint Solar deployed around 44MW of solar in the second quarter of 2020, beating expectations and helping to shrink its losses.

SunPower exceeded its previous guidance for both revenue and shipments in Q2, capitalising on what it said was improving demand for distributed generation.

A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.

Mexico’s president has pledged to change power dispatch rules, shunting privately owned renewables down the pecking order, in the latest twist of an ongoing spat between his regime and the clean energy sector.

Microinverter supplier Enphase Energy saw its Q2 revenue shrink 6% year-on-year as it was affected by reduced demand as a result of COVID-19.

BP has set its sights on amassing a 50GW renewables portfolio by 2030 as it lays out its strategy to become a net zero company.

Hybrid and co-located solar-storage projects can provide “considerable benefits” to grids in the US, but only if market rules and practices undergo a wholesale revamp.