Maxeon Solar Technologies saw its gross loss widen in Q1 2022 despite outlook-beating revenue after the sale of excess polysilicon at a loss dragged on its performance.
Solar PV and other renewables account for more than a third of electricity generation in Australia’s National Energy Market (NEM) in Q1 2022, coal’s share slipping by five percentage points year-on-year.
French energy major TotalEnergies and Japanese oil company Eneos have formed a joint venture (JV) to develop 2GW of decentralised solar capacity across Asia over the next five years.
EDP is to acquire Polish distributed solar company Soon Energy, enabling its presence in Poland to grow fivefold, the company has claimed, as it targets distributed generation as a key growth area in the country.
The foundation of a “transformed Maxeon Solar Technologies” is nearly in place, according to the company’s CEO, after it addressed its logistical failures, experienced strong demand for its products and landed a supply contract with US residential installer SunPower.
After years of not living up to its solar potential, Brazil is on the cusp of a solar boom. A confluence of factors has led to rapid investment and deployment in the country, but a few hurdles still need to be overcome, writes Sean Rai-Roche.
The drive to electrify Sub-Saharan Africa will require US$350 billion of investment and could reveal an alternative vision for the energy transition that focuses on a decentralised, bottom-up solar-and-storage rich grid that takes advantage of cheap solar power, according to research firm Wood Mackenzie.
