Indian renewable company Adani Green Energy Limited (AGEL) posted an improved EBITDA from power supply in the last financial year, while its operational capacity increased by 49% year-on-year, according to its latest financial results.
According to the company’s financial results for last year, 2022 was the first time that LONGi’s yearly revenue surpassed RMB100 billion (US$14.4 billion).
Amid an increasingly unpredictable environment and a rise in extreme weather events, the solar industry must properly use its available data to protect assets and reduce risks, writes Gareth Brown, CEO of digital asset performance technology provider Clir Renewables.
Asset manager ESR Group has published its environmental, social and governance (ESG) 2030 roadmap where it targets to reach 1GW of installed solar power capacity from its rooftop assets.
An increase in strategic, self-generating renewable energy ‘prosumers’ in the energy market has the potential to lead to ‘death spirals’ for utilities, according to research from the Tokyo University of Science.
Three renewables generation projects amounting to a collective 1.395GW have been awarded approvals in New South Wales’ most recent renewable energy tender, alongside a large battery energy storage system (BESS).
While bifacial modules promise advantages in power production, they can create complex performance monitoring challenges. That will need to be resolved if project production uncertainties are expected to remain at levels and expectations currently set with the deployment of mono-facial modules, write Ajay Singh and Derek Jones of Campbell Scientific Inc.
Chinese PV manufacturer Risen Energy saw significant profit and revenue growth in 2022 as the company looked to expand its module production capacity and develop new technologies.