storage

LONGi has acquired system integrator PotisEdge, and plans to launch an ‘Energy Storage One-Stop Solution’.

JinkoSolar shipped just over 20GW of solar PV modules in the third quarter of this year, down sequentially from the previous quarter.

Sunrun has posted revenue of US$724.6 million in the third quarter of this year, marking the third consecutive quarter of growth this year.

The increasing technical complexity of the renewable energy space has increased the demands on capital raising for those in the sector.

Inverter manufacturer SolarEdge sold close to 1.5GW of inverters in the third quarter of the year, driving revenue of US$340.2 million.

Osaka Gas and Sonnedix have announced plans to install a BESS at the latter's 38.7MW Oita solar project in Japan.

South Africa aims to add 28.7GW of new solar PV generation capacity by 2039, and generate over half of its electricity with renewables by 2042.

Syncarpha Capital has completed construction work at the 7.1MW Acton solar-plus-storage project in the US state of Massachusetts.

Average renewable energy PPA deal price fell marginally to €46.37/MWh (US$53.36/MWh) in Europe in the last week of October, per Pexapark.

Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia.