A round-up of the latest news from the US PV sector, as BlackRock acquires Distributed Solar Development, Cypress Creek closes US$200m of financing and Vanderbilt University moves towards 100% renewables.
Trina Solar is taking aim at residential and small C&I solar markets worldwide by launching its new ultra-high performance 405W Vertex S series module globally, with production capacity of the product set to reach 10GW by the end of 2022.
Siemens and Macquarie Group have created a new joint venture that will develop distributed energy resources such as solar and battery storage for US corporations and institutions.
A new study suggests the US solar industry has “turned a blind eye” to the realities of asset performance, with facilities found to be underperforming compared to their production forecasts.
The US residential solar sector is set to break installation records this year as clean energy development proves resilient to disruptions caused by COVID-19.
Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers.
German renewables developer BayWa r.e. has bought US-based solar and energy storage solutions provider Enable Energy, taking its pipeline of solar and wind projects in the Americas to more than 5GW.
Energy giant BP has signed a memorandum of understanding (MoU) with JinkoSolar’s development and operations arm JinkoPower Technology to target China’s sizeable C&I power market.
Sungrow is backing a long-term strategy for the Indian solar market, targeting growth in the rooftop segment while lining up more deals with independent power producers in the country.
Discom finance woes could raise C&I grid tariffs boosting business case for installing solar but contract reneging a concern for wider PV industry, SunSource exec tells PV Tech.