US residential solar provider Sunnova has stood by its original guidance for 2020 despite recording a heavy loss in Q3, pointing towards a growing number of dealers and services it is offering.
The International Energy Agency (IEA) expects renewables deployment to rebound next year, with the ongoing COVID-19 pandemic said to be “hurting, but not halting” growth.
Though the show was low key compared to the sometimes over-the-top, colourful and crowded affairs of previous years, at least it did take place. Andy Colthorpe reports back.
Major solar inverter supplier Sungrow has signed a 100MW deal with Japanese company YUASA, aimed at addressing solar and energy storage needs in the changing landscape of Japan’s renewable energy market.
Equity-and-debt mix from private equity giant and loan facility from banks will help Connecticut-based distributed solar firm take its asset portfolio upwards of US$1 billion.
The partnership will allow the regional developer to deploy 100MW of distributed solar annually in the US and expand its reach beyond the south-eastern US.
BlackRock took an 80% stake in the new company, Distributed Solar Development, in an undisclosed deal. The new business will design, build, own and operate distributed solar and storage solutions for industrial, commercial and public-service customers.
