The UN secretary-general, António Guterres, has issued a stark warning concerning the “dismal litany of humanity’s failure to tackle climate disruption” in an speech in which he set out “five critical actions to jumpstart the renewable energy transition”.
Shoals Technologies has become the latest solar manufacturer to adjust its guidance for the year, blaming an “increasingly challenging environment” caused by the US AD/CVD investigation.
Microinverter supplier Enphase Energy sidestepped ongoing global logistics challenges in the opening quarter of 2022 to post record quarterly revenues.
Independent power producer (IPP) Fu-Gen has secured €320 million (US$342 million) in financing for renewables, battery storage and green hydrogen projects across Europe.
Michigan utility Consumers Energy and a coalition of customer groups have agreed on a plan that will see the company exit from coal by 2025 through deploying nearly 8GW of solar PV and 550MW of battery energy storage systems (BESS) by 2040.
German battery storage manufacturer sonnen will offer German households the possibility to switch between feed-in-tariffs from the Renewable Energy Act (EEG) remuneration and wholesale market prices.
A round-up of the latest news from the US solar market, including Bridgelink Power receiving a US$200 million loan to finance its utility-scale solar projects, Vistra’s 50MW Texas plant is online and Castillo Engineering to develop 38.25MW community solar projects in New York.
A round-up of the latest projects news, including Mitsui investing in ReNew Power’s ‘round the clock’ (RTC) project in India, Canadian Solar selling a solar plus storage project and JinkoSolar delivering 500,000 bifacial modules to a Greek project.
Japanese investment firm Mitsui has invested €575 million (US$631.56 million) in common shares from renewable developer Mainstream Renewable Power, bringing its valuation to €2.1 billion after the transaction.
