Australia’s electricity grid faces congestion and power security issues over the next few years as more solar energy capacity is installed at faster rates than previously expected.
Solar developer Adani Green Energy has announced plans to buy SoftBank-backed renewable energy company SB Energy Holdings a in a deal with an enterprise value of US$3.5 billion.
Indian authorities have launched an anti-dumping investigation into imports of solar cells from China, Thailand and Vietnam following an application filed by the Indian Solar Manufacturers Association.
Renewable energy company and Solar Module Super League (SMSL) member Canadian Solar has invested in UK-based battery storage software company Habitat Energy.
The clean energy council has slammed the Australian government’s latest federal budget as “disappointing” for not placing more onus on expanding the country’s renewable energy capacity.
The Australian Renewable Energy Agency (ARENA) has selected three commercial-scale green hydrogen projects that will share in AU$103 million (US$79.7 million) of funding to support their development.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member, LONGi Green Energy and subsidiary, LONGi Solar respectively, have continued an unprecedented sales run, notching up first 2021 revenue (operating income) of RMB 15.85 billion (US$2.44 billion), its second highest quarterly figures.
Major PV inverter manufacturer SolarEdge Technologies has guided a return to overall business growth in 2021, due primarily to strong market demand in Europe and the US as well as the rollout of its residential energy storage product.
