Industry News
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McCarthy Building Companies targets IRA labour bonuses for over 1.1GW solar portfolio
McCarthy said that it was looking to fulfil the wage and apprenticeship requirements under the IRA throughout the projects’ construction. Image: McCarthy Building Companies US engineering, construction and procurement (EPC) company McCarthy Building Companies has begun construction on four sol...Read more -
Sri Lanka kicks off 70MW ground-mounted solar tender
Successful projects must be operational within 10 months of signing a power purchase agreement with the the Ceylon Electricity Board. Image: Unsplash The Sri Lankan government has issued a request for proposals (RFP) for a 70MW ground-mounted solar PV tender, via its electricity development a...Read more -
ARENA launches first funding round of AU$400 million ITS programme
Application for the programmer will start from 30 November. Credit: ARENA The Australian Renewable Energy Agency (ARENA) has launched the first funding round of the AU$400 million (AU$254.83 million) Industrial Transformation Stream (ITS) programme, which will see AU$150 million of ITS funding...Read more -
Sembcorp to acquire 245MW of renewables projects in Vietnam
Sembcorp’s renewables portfolio will be over 450MW after the acquisition. Image: Sembcorp Industries. Singapore-based energy company Sembcorp has agreed to buy 245MW of renewables projects in Vietnam. Sembcorp said its wholly-owned subsidiary Sembcorp Solar Vietnam had reached an agreement to...Read more -
Spruce Power posts increased Q3 revenue following large asset acquisition
August saw the company acquire 2,400 new residential solar systems and contracts. Image: REC Solar. US distributed solar asset owner Spruce Power has posted increased sequential revenues and adjusted EBITDA in the third quarter of 2023, as its total portfolio of residential solar assets and co...Read more -
JinkoPower inks PPA for 400MW project in Saudi Arabia
Construction of the project will begin next year. Image: JinkoPower Chinese solar developer JinkoPower has signed a power purchase agreement (PPA) with the state-owned Saudi Power Procurement Company (SPPC) for the 400MW Tabarjal solar PV project. Electricity generated from the project will b...Read more -
Solar Steel supply 400MW trackers to two projects in Peru
The agreement involves the supply of 5,400 trackers. Image: Solar Steel Spanish tracker company Solar Steel has signed an agreement to supply 400MW of solar trackers in Peru. The agreement involved the supply of 5,400 of the company’s single-row and dual-row trackers for two projects located n...Read more -
US large-scale PV database launched in support of decarbonisation goals
The US government’s new large-scale PV database contains data on almost 4,000 projects. Credit: Longroad Energy. Details of nearly 4,000 utility solar projects in the US have been compiled in what is being hailed as the most comprehensive public database of large-scale PV systems to date. Lau...Read more -
US DOE picks three solar companies to install rooftop solar and batteries in Puerto Rico
Three solar companies and five nonprofits and cooperatives in Puerto Rico are selected by the US Department of Energy to install rooftop solar and battery storage systems. Image: Barrio Eléctrico. US residential solar companies Sunrun, Sunnova and power product supplier Generac have been selec...Read more -
PVEL updates Product Qualification Program in response to module technology advancement
The improvements incorporate feedback multiple stakeholders including research institutes, and module and component manufacturers. Image: PVEL. Test lab for solar developers PV Evolution Labs (PVEL) has announced updates to its Product Qualification Program (PQP) with four major changes. PVEL...Read more -
China’s complete solar manufacturing supply chain can meet annual global demand by 2032
China will account for 95% of the announced n-type cell manufacturing capacity worldwide. Credit: Trina Solar China will account for 95% of the announced global n-type cell capacity in 2026, while the global solar market is switching its focus from p-type cells to n-type cells, according to a...Read more -
Sembcorp targets 25GW of installed renewables capacity by 2028
Singapore-based company Sembcorp will primarily target Asia for the growth of its renewables installed capacity. Image: Sembcorp Industries.Singapore-based energy company Sembcorp Industries has targeted 25GW of installed renewables capacity by 2028. In order to reach this target, the company wi...Read more
