In Q3 2023, Maxeonss shipments declined to 628 MW from 807 MW YoY, leading to a revenue drop from $275,449K to $227,630K, over same period. Q3 gross profit was $2,728K, significantly lower than $56,223K in Q2 2023. Looking to Q4 2023, the company anticipates shipments between 610 MW and 650 MW, with revenue projected at…
The Fujian Provincial Development and Reform Commission announces the “2023 Fujian Solar Power Station Development and Construction Plan,” featuring 28 market-oriented solar projects totaling 5.33 GW capacity. Notable segments include 3.26 GW offshore solar, 1.56 GW fishery-solar complementary, and 0.51 GW coastal tidal flat solar projects.
Shangrao Jietai New Energy unveils “MoNo” series high-efficiency solar cells, leveraging LPCVD and dual-insertion technologies. Incorporating first and second-gen SE tech, the cells achieve a 12 mV increase in open-circuit voltage, reaching 732mV. Available in 182mmx182mm and 210mmx210mm sizes, with a new 182mmx210mm (210R) option.
National Grid Renewables seals PPAs for 270 MW Blevins Solar Project in Texas. Fujifilm and Bristol Myers Squibb (BMS) secure 125 MW and 145 MW, respectively. Blevins brings economic benefits, including tax revenue, job creation, and a unique charitable fund, totaling an estimated $35 million over 30 years. BMS collaborates with Edison Energy for strategic…
National Grid Renewables launches Ross County Solar Project (120 MW) and Fayette Solar Project (47.5 MW) in southern Ohio. Constructed by Kiewit Power Constructors with First Solar modules, these projects contribute 167.5 MW of clean power. Ross generates $27 million in tax revenue over 25 years, and Fayette adds $10.6 million. Together, the projects will…
Sungrow, a solar technology leader, achieves a monumental milestone in India, shipping 20GW of photovoltaic inverters since entering the Indian market in 2014. Contributing to “Make in India” initiative, the company has established a 10GW manufacturing facility and partnered with major power companies like TATA Power and Adani Green to drive India’s solar revolution.
Huasun successfully concludes its Series C funding round, securing RMB 2 billion ($275.9 million). The funding is led by China Green Development Investment Group, with participation from Bank of China Asset Management and China Post Insurance. Additionally, Wuxi Guolian Jintou Zhiyuan and Emerging Asset have increased their investments.
Trina Solar and TW Solar (Tongwei) sign a strategic cooperation framework, expanding collaboration in the PV industry chain, encompassing modules, polysilicon, cells, and joint ventures. Following their 2020 joint venture announcement, this agreement aims to accelerate the development of strategic emerging sectors within the PV industry by 2024.
Enphase Energy unveils IQ8P-3P Microinverter for North American small commercial solar, designed for small three-phase setups. Compatible with high-powered solar panels, it offers a peak output of 480 W. The Enphase Energy System includes IQ Gateway Commercial 2 for updates and connects to the Enphase App. Microinverters feature a 25-year warranty in the US and…
Standard Solar enters Virginia’s community solar market, acquiring a 12 MW portfolio from New Leaf Energy in Chatham and Kilmarnock. The Kilmarnock projects, over 7 MW, target low- and moderate-income customers, fostering clean energy accessibility. Once operational, the single-axis tracker systems are set to generate 19,811 MWh annually, reducing carbon emissions.
