US renewables developer rPlus energies has signed a long-term power purchase agreement (PPA) with Idaho Power – a state utility – for its planned 200MW Pleasant Valley Solar project in Ada County, Idaho. The power will support operations at a data centre owned by Silicon Valley giant Meta.
Spanish renewables platform Matrix Renewables has completed construction and financing of two 143MW/80MWh solar-plus-storage projects in California, with five power purchase agreements (PPA) in place with utilities and cities across the state.
China's PV module companies released their financial reports for 2022 and the first quarter of 2023 at the end of April, with some of the leading manufacturers posting strong performance.
Renewable energy developer MPC Energy Solutions has expanded its footprint in Latin America by entering the Panamanian market, taking a step forward to strengthen its portfolio in the region.
Solar project developer and asset owner Photon Energy Group has posted a decreased EBITDA although recording an all-time revenue for the first quarter of a year in Q1 2023.
The majority of the US solar industry has said that supply chain issues worsened in 2022, whilst a similar proportion also said that they expect to expand their businesses in 2023 directly because of the Inflation Reduction Act (IRA).
Industrial group Baywa recorded €1.5 billion (US$1.63 billion) in revenues from its renewable energy business in Q1 2023, just under a 25% of the group’s total quarterly revenue of €6.3 billion (US$6.8 billion).
Solar tracker supplier Array Technologies has increased its revenue in the opening quarter of 2023 due to higher volume sales and average selling price (ASP).
