The CEO of US solar and energy storage developer Borrego has said the company’s project development business will be less capital constrained under the new ownership of investment firm ECP, following a deal announced earlier this week to spin off and sell the unit.
US solar and energy storage developer Borrego will spin off and sell its development business, including its more than 8.4GW PV project pipeline, to investment firm ECP.
Solar EPC Sterling and Wilson believes an easing of PV module supply concerns, the rise of alternate supply chains and a gigawatt-scale green hydrogen market will drive both short- and medium-term growth for PV developers and EPCs.
US solar EPC company iSun doubled its Q1 revenue year-on-year but has lowered its 2022 guidance as a result of module procurement challenges within its utility-scale unit.
Tata Power Solar has landed what it claims to be India’s largest single solar EPC order of 1GW for roughly INR5500 crore (US$715 million) from Indian state-owned utility SJVN Ltd.
US engineering, procurement and construction (EPC) contractors have shed light on the current challenges they face when sourcing solar modules as the country’s Department of Commerce (DOC) continues a circumvention investigation that could potentially lead to retroactive tariffs of up to 250%.
Solar EPC company iSun more than doubled its revenue year-on-year in 2021, driven in part by the execution of its commercial and industrial (C&I) PV project backlog.
German developer Belectric sees potential in constructing PV plants on agricultural land as a means of helping European countries meet their renewables deployment targets while increasing community acceptance of solar.
