Canadian Solar Inc., a solar technology and renewable energy company, headquartered in Guelph, Ontario, is in the process of establishing a solar PV module production facility in Mesquite, Texas. Canadian Solar’s first United States manufacturing facility, the solar photovoltaic module manufacturing plant will have an annual output of 5 GW, equivalent to approximately 20,000 high-power […]
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North Carolina-based energy holding company, Duke Energy has reached an agreement to sell its unregulated utility-scale commercial renewables business to Brookfield Renewable, owners and operators of renewable power and climate transition assets, at an enterprise value of approximately $2.8 billion, including non-controlling tax equity interests and the assumption of debt. Duke Energy’s expected net proceeds […]
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CubicPV, a solar manufacturing and materials company based in Bedford, Mass., has secured new firm equity commitments in excess of $100 million in support of its United States factory plans and tandem product roadmap. The investment will be divided in two tranches. The first $33 million will be released immediately. The second tranche is tied […]
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In partnership with Ampt, a DC optimizer company focused on large-scale PV systems, JONSOL, a German manufacturer of photovoltaic modules, has become the first module and system supplier worldwide to offer an optimized PV plus DC-coupled energy storage solution. JONSOL has been working with Ampt to develop a string inverter-based DC-coupled PV+storage solution that delivers […]
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The recently released U.S. Energy Storage Monitor report, by the American Clean Power Association (ACP) and Wood Mackenzie, states that across all segments of the industry, in the first quarter of 2023, the U.S. energy storage market added 2,145 MWh, marking a 26% decrease from the fourth quarter of 2022. The grid-scale segment installed 1,553 […]
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“Expectations for Renewable Energy Finance in 2023-2026,” an analysis recently released by the American Council on Renewable Energy (ACORE), has assessed how the Inflation Reduction Act (IRA) is impacting the near- and mid-term outlooks of some of the most prominent investors and developers in the renewable energy sector. The analysis also details survey results about […]
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CubicPV, a solar manufacturing and materials company based in Bedford, Mass., has secured new firm equity commitments in excess of $100 million dollars in support of its United States factory plans and tandem product roadmap. The investment will be divided in two tranches. The first $33 million will be released immediately. The second tranche is […]
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Orsted has pledged to reuse or recycle all solar panels from its global portfolio of solar farms effective immediately: the world’s first energy developer to do so. The deployment of solar energy technology requires vast amounts of virgin materials, the mining of which has environmental and social impacts. Competition to secure access to these materials […]
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With the cost of solar decreasing significantly over the last decade, in addition to new tax incentives introduced in the U.S. and Canada driving the popularity of solar, a training tool for installers and crash course for sales professionals became necessary, says S-5! The company – the inventor of innovative solar attachment solutions for metal […]
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The American National Standards Institute (ANSI) has approved the Solar Energy Industries Association (SEIA) as an Accredited Standards Development Organization. SEIA can now convene industry stakeholders to develop national standards for materials, products, processes and services in the U.S. solar and storage industry. “Through strong leadership and SEIA’s new ANSI accreditation, we will help the […]
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CleanCapital, a clean energy company based in the U.S. and focused on middle-market solar and storage, has received an additional commitment of up to $500 million from Toronto-based Manulife Investment Management. The company will leverage this investment to fund early-stage solar and storage development and acquire renewable energy assets throughout the United States, as well […]
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SolRiver Capital, a renewable energy investment firm, has unveiled plans for the Canyonville Solar Project, which will combine sustainable energy generation with agricultural practices. Located in Myrtle Creek, the project will be the first Oregon Community Solar Program available in Douglas County. One of many goals is to create a pathway to energy independence for […]
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