US

IACC Summit: US Reaffirms Commitment To Support India’s Energy Transition

United States (US) has expressed its strong commitment to supporting India’s ambitious energy transition efforts, said Jonathan Heimer, Minister Counselor for Commercial Affairs at the US Foreign Commercial Service (FCS). He was speaking at the second Energy Summit of the Indo-American Chamber of Commerce (IACC) in New Delhi. Heimer highlighted the deepening ties between the […]

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Solar Jobs Is An Export Opportunity for India, And We Are Missing It

By almost all accounts, Europe needs 1 million solar professionals for meeting its installation targets by 2025. It barely has 800,000 skilled workers, leading to not just a skills shortage but also rising costs of installations. Industry bodies ranging from Solar Power Europe, to SEIA in the US have all flagged manpower as a key […]

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Q2 Results: First Solar Sees 24.6% Rise In Sales

US solar module manufacturer, First Solar, recently released the latest financial results for the second quarter ending June 30, 2024, in which the company made a net sales of $1.0 billion. In this quarter, the company saw an increase in sales by $0.2 billion from the previous quarter. First Solar in its second quarter reported […]

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AES Uses AI To Spur Solar Installations For Solar Farm

The AES-owned solar farm, which is under contract with Amazon, is utilizing a roboto called Maximo to help build the farm, aiming to reduce solar installation timelines with the support of new Amazon Web Services (AWS) technology. The AES Corporation introduced “Maximo”, an AI-powered robot that enhances solar installation speed, efficiency, and safety. Maximo is […]

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US Plans $65Bn Investment In Offshore Wind, But Faces Constraints

The American Clean Power Association (ACP) released the 2024 Offshore Wind Market Report, which projected the clean power industry to invest $65 billion in offshore wind projects by 2030. This can support 56,000 jobs in the United States. There are currently 12 gigawatts (GW) of projects with active offtake agreements, including 4 GW under active […]

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Data Centers, EV To Raise US Power Demand To 300 TWh: Report

Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […]

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US Set To See New 5GW Solar Module & Cell Manufacturing Plant

Dean Solon, a pioneer in the renewables sector and the Founder, CEO and President of Create Energy, together with Hamlet Tunyan, CEO of RECOM Technologies announced the launch of ‘ReCreate’. This new venture aims to establish a state-of-the-art manufacturing facility in the United States (US) dedicated to producing up to 5GW of solar modules and […]

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Canadian Solar launches 5GW Module Plant in Texas

A 5GW TOPCon module assembly plant is the first production facility in the US opened by module maker Canadian Solar. The project, which is situated in Mesquite, Texas, was revealed last year with a $250 million US investment from the Chinese manufacturer. The Texas plant employs 1,500 people, according to a post made on LinkedIn […]

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Swift Solar Announces $27 Million Series A Funding Round

Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in […]

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