Forced labor act is last barrier to US solar rebound, claims executive
Texas-based FTC Solar said it expects a “significant rebound” in its business in the final three months of this year, if it can secure sufficient supplies of PV panels.
Supply chain difficulties translate into losses for SMA
SMA’s Home Solutions segment was particularly badly hit as the PV inverter manufacturer struggled to meet the demand due to the shortage of materials. The sales and results in the first half of 2022 were therefore significantly worse than in 2021. The company now wants to take “a series of measures to improve its long-term ability to deliver.”
BASF inks virtual PPAs for 250 MWh of solar, wind
BASF has signed virtual power purchase agreements for 250 MW of solar and wind power in the United States.
The weekend read: How does the EU taxonomy set criteria for technologies to be labeled green and provide investors with a classification system?
Despite its faults and shortcomings, the EU’s Taxonomy Regulation is expected to support the energy transition and help redirect capital flows to renewables and green assets. Andreas Walstad examines how the taxonomy sets out criteria for technologies to be labeled green and environmentally sustainable in a bid to provide investors with a classification system that boosts clarity, accountability, and predictability.
Ardian acquires majority stake in GreenYellow
Ardian said that GreenYellow’s value is estimated at around €1.4 billion ($1.42 billion).
Fish farmed as part of solar-powered irrigation system
A provincial government in the Philippines has installed a solar pump that will move water to a reservoir where fish can now be bred. The $124,000 system will also irrigate vegetables and high-value crops for two farmers’ groups.
Dubai mega solar project to be finished in 2027 and could be scaled back
The Dubai Electricity and Water Authority has a tendency to reveal changes in the project’s specification by publishing updates emphasizing the progress achieved to date.
Solar auctions to replace feed-in tariffs in Kenya
Attendees at the Renpower Kenya clean energy event in Nairobi were told there will be a changeover in incentive schemes in 2022 with mature technologies no longer benefiting from fixed payments.
Developer plans 20 MW solar aquaculture site in Bangladesh
Joules Power has said the $22 million PV project will be built on land which is submerged for most of the year and will breed fishes. The project is set to be completed in December 2023.
UK devotes $3.6 million to space-based solar
A government department has put $3.5 million to $7 million aside to help the development of wireless power transmission and ultra-high concentration solar panels.
