LONGi Solar recorded a 21% leap in net profit in the first half of the year despite what it described as a “moderate” adjustment to capacity utilisation rates in the wake of market demand.
As several large investors exit Australia, Alice Grundy takes a look at how transmission infrastructure and future policies are denting investor confidence while initiatives like the Renewable Energy Zones are creating new potential.
Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.
Liam Stoker recaps recent policy moves in the US and explores the difficult balancing act President Biden must now face between stimulating domestic solar manufacturing in the US and supporting solar deployment.
Tianjin Zhonghuan Semiconductor (TZS) has more than doubled its revenue in the first half of the year as the wafer provider took advantage of what it described as a rapidly developing PV industry.
US tracker manufacturer FTC Solar is turning to alternative shipping methods and cost-cutting initiatives in a bid to return the business to profitability in Q4, with the company’s cost base continuing to surge.
Canadian Solar reported record quarterly revenue in Q2 2021, buoyed by a return to profit from its manufacturing division, but reduced its total shipment guidance for the year amidst continued industry headwinds.
US solar tracker provider Array Technologies slipped to a loss in the second quarter of 2021, but has changed business processes in order to reduce its exposure to future rises in commodity and shipping costs.
