SolarEdge reports record-breaking revenue
With comparisons with a Covid-hit 2020 inevitably offering a string of positive numbers, there was also little to concern the board of the inverter and battery manufacturer from the returns generated in the last quarter.
Nigerian mini-grid program appears to have been scaled back
An initial intent to commission 28 local solar-plus-storage networks has now been stated as comprising “around 20” mini-grids, with delivery expected this year, rather than by the middle of the year.
‘Bangladeshi energy masterplan should focus on renewables’
With the finances of national utility the Bangladesh Power Development Board in disarray thanks to rising capacity payments for often-inactive conventional power plants, renewables offer the hope of fiscal sustainability, according to the Institute for Energy Economics and Financial Analysis.
Rising electricity bills in Nigeria drive demand for solar
Commercial and industrial PV installer Starsight Energy says business is on the up thanks to rising wholesale energy costs in the country.
New poly fabs could head off first-half solar project slowdown
Norwegian analyst Rystad Energy has warned the solar industry could suffer the same effects of rising input prices as onshore wind developers grappling with ever more costly steel, with much hinging on how much solar panel raw material polysilicon can be manufactured.
Polish gas plans could leave taxpayers needing to find billions
With the Polish government planning to commission five gas power plants over the next five years, London-based thinktank Carbon Tracker has estimated just how costly the move will be, compared to deploying solar plants and energy storage instead.
SunPower to sell C&I solar business to TotalEnergies
SunPower is selling its C&I operations so it can focus on expanding its residential business, while TotalEnergies will advance its distributed generation activities in the US market.
European funds back 40MW Kenyan solar field
The $87 million Kesses solar project, in Kenya’s Rift Valley town of Eldoret, is set for completion by Spanish developer Alten this year.
Solar investors back Italy despite electricity price cap
With the Italian government temporarily limiting the returns available from solar plants on the wholesale energy market, Swiss investor SUSI Partners says the underlying strength of the country’s PV industry remains.
EU Chips Act proposed to address semiconductor shortages
The European Commission wants to introduce legislation to back semiconductor research and to address the immediate problem of supply chain bottlenecks by drumming up more than €43 billion, with member states and the private sector expected to contribute.
