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Canadian Solar shipments and revenues increase in Q2 2024 amid low module prices

“Amidst fierce industry competition, we maintained our focus on profitability while also increasing volume this quarter,” said Yan Zhuang, president of CSI Solar. Image: Canadian Solar. Canadian Solar, a leading solar manufacturing company, has reported higher revenues and profits in its Q2 2024 financial results. This growth can be attributed to an uptick in photovoltaic …

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EBRD finances 315MW solar PV projects in Romania

The European Bank for Reconstruction and Development (EBRD) and financial institution Raiffeisen Bank International have extended a €110 million (US$122 million) funding arrangement to solar developer Nofar Energy for the construction and operation of a 315MW solar photovoltaic project in Romania. Comprising two projects, the Iepuresti plant (169MW) and the Ghimpati plant (146MW) are situated …

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Transgrid to investigate three inland Renewable Energy Zones in western NSW

Transgrid, the Australian transmission system operator, has indicated in a recent report that remote inland Renewable Energy Zones (REZ) could offer supplementary renewable energy sources by the mid-2030s, pinpointing western New South Wales (NSW) as a region with promising potential. In this year’s Transmission Planning Annual Report (TAPR) by Transgrid, it is highlighted that the …

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National Renewable Energy Solutions has broken ground on a 140MW solar-plus-storage plant on tribal lands in New Mexico

Built on tribal land leased from the Jicarilla Apache Nation, the solar-plus-storage is expected to be operational in 2025. National Renewable Solutions, a developer specializing in renewable energy, has initiated the construction phase of a 140MW solar-plus-storage venture in the state of New Mexico in the United States. The Shallow Basket Energy initiative is established …

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Maxeon: Dutch court rejects ABC cell patent lawsuit against Aiko Solar

Maxeon, a solar manufacturer based in Singapore, has been unsuccessful in its legal action against fellow manufacturer Aiko Solar for purported patent infringement related to solar technology. Last week, a judge in the District Court of The Hague in the Netherlands dismissed Maxeon’s claim of alleged patent infringement concerning solar cell architectures, a decision that …

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Acciona Energía commissions 458MW Red-Tailed Hawk solar project in Texas

The Spanish energy firm Acciona Energía has activated its 458MW Red-Tailed Hawk PV project in the state of Texas, marking the company’s most extensive solar panel in terms of capacity. In February 2022, Acciona Energía purchased the project from a consortium that included Avondale Solar and Solar Plus Development, in a transaction valued at $460 …

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Trina Solar unveils record i-TOPCon module with maximum power output of 740.6W

The most recent 210mm n-type industrial tunnel oxide passivated contact (i-TOPCon) module from leading Chinese module manufacturer Trina Solar has reached a remarkable maximum power output of 740.6W, setting a new record for this module category. Although the solar module is not currently on the market, its production involves several advanced processes, as described by …

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Econergy begins commercial operations at 92MW solar project in Romania

Israel-based independent power producer (IPP) Econergy has initiated commercial operations at a 92MW solar PV project in Romania. Situated in Parau, the project is jointly owned by Econergy and the French renewable energy investment fund RGreen. Econergy oversaw the engineering, procurement, and construction (EPC) management services throughout the development of the solar PV plant. Additionally, …

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India reimposes ALMM, eliminates exemption for open access and rooftop solar

India’s Ministry of New and Renewable Energy (MNRE) has recently reinstated the Approved List of Models and Manufacturers (ALMM) starting from 1st April. This move aims to regulate and ensure the quality and reliability of renewable energy products in the country. On March 29, 2024, the Ministry of New and Renewable Energy (MNRE) declared that …

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SnapNrack, CertainTeed offering solar panel, mounting under one warranty

SnapNrack and CertainTeed have collaborated to present a bundled offering that includes combined warranties for solar, racking, asphalt shingles, and installation craftsmanship. The duo has launched a solar panel and mounting solution to the marketplace that ensures the asphalt shingle warranty covering manufacturing defects remains intact and unaltered. As part of their collaborative effort, when …

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