Canadian Solar says it is establishing a 5 GW solar PV wafer production facility in Chonburi, Thailand. The solar photovoltaic N-type wafer manufacturing plant is slated to begin production in March. The solar wafers produced at this facility will initially be used at the existing Thailand TOPCon cell manufacturing plant in the same location. From […]

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Renewvia Energy Corp. has executed a $15 million development loan for large-scale utility solar projects with Treehouse Development Finance. Renewvia is developing a 2 GW pipeline of solar and storage projects, consisting of 150 MW to 450 MW in the TVA, MISO and SERC regions. The partnership aligns with the company’s mission to drive the […]

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Sunnova, Puerto Rico’s largest residential solar and battery storage services company, is expanding its Sunnova Sentient Virtual Power Plant (VPP) platform through the Sunnova Power Flex Program. In partnership with LUMA’s Customer Battery Energy Sharing (CBES) program in Puerto Rico, this effort aims to enhance grid stability during peak demand periods while offering customers financial […]

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Michigan Senate Democrats have passed House Bills 5120 and 5121, the Clean Energy and Jobs Act. These bills simplify the approval process for building large-scale renewable energy projects while protecting personal property rights and public input and local oversight. The bills work in tandem with the Senate’s Clean Energy Future legislation, Senate Bills 271, 273, […]

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Arevon Energy Inc. has closed financing on the Vikings solar-plus-storage project with a combination of debt financing and tax credit transfer. Arevon secured a commitment with J.P. Morgan to purchase $191 million of investment tax credits and production tax credits, among the nation’s first transactions announced to date that leverage the Inflation Reduction Act’s transferability […]

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PV Evolution Labs (PVEL), an independent test lab for the solar industry, has upgraded the company’s suite of extended reliability and performance tests, the Product Qualification Program (PQP). PVEL established the PQP in 2012 to provide empirical data for PV module benchmarking and project-level energy yield and financial models, and to help recognize top-performing PV […]

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PPL Corp. subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have received regulatory approval to retire 600 MW of coal generation and more than 50 MW of peaking units by 2027 and to replace them with cleaner energy. In its unanimous decision, the Kentucky Public Service Commission (KPSC) authorized LG&E and […]

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Global renewable energy developer Ørsted is deploying SparkCognition’s Renewable Suite across 5.5 GW of its land-based wind, solar and storage assets in the U.S. By enhancing asset performance management with SparkCognition’s AI solution, Ørsted will increase energy production, decrease maintenance costs and improve operational efficiency. “Meeting the rising demand for clean energy requires innovative solutions […]

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Veolia North America, a provider of environmental solutions in the U.S. and Canada, has partnered with Today’s Power Inc. to install a 5 MW single-axis tracking solar energy system at its hazardous waste treatment facility in Gum Springs, Ark. The solar array is expected to produce over 250 million kWh over the next quarter century, […]

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According to a new report from Wood Mackenzie, China will hold more than 80% of the world’s solar polysilicon, wafer, cell and module manufacturing capacity from 2023 to 2026 following investments exceeding $130 billion this year alone. “China’s solar manufacturing expansion has been driven by high margins for polysilicon, technology upgrades and for developing local […]

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LONGi Green Energy Technology Co. Ltd. says it has set a new world record of 33.9% for the efficiency of crystalline silicon-perovskite tandem solar cells. The National Renewable Energy Laboratory (NREL) certified the results. It is reported that the previous world record was 33.7% and conducted by King Abdullah University of Science & Technology (KAUST) […]

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Strata Clean Energy has closed a $300 million revolving loan and letter of credit facility to expand its operational fleet and accelerate the commercialization of its diversified 17+ GW development pipeline.  Nomura Securities International Inc. led the financing, acting as Sole Coordinating Lead Arranger, Bookrunner, and Nomura Corporate Funding Americas LLC as Administrative Agent, with […]

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