SUBSCRIBE NEWS LETTER

California

Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF

Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […]

Read more

Engie, Credit Agricole Agree To buy Spanish Form Eolia Renewables for €2 bn

French energy major Engie and insurance firm Crédit Agricole Assurances acquiring Spanish renewable energy company Eolia Renovables. By the end of the transaction, the two firms will own 97.33 % of Eolia. The deal will add 821MW of onshore wind capacity, 78MW of solar photovoltaic (PV) capacity and a pipeline of renewable projects whose total […]

Read more

Aker Offshore, Ocean Winds and Statkraft Team Up For Offshore Wind in Norway

Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. While Akers and StatKraft are Norway based firms, Ocean Winds is the result of a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE […]

Read more

Broad Reach’s 200MW Battery Storage Plants Now Online in Texas

Broad Reach Power LLC, an independent power producer based in Houston which owns a 21-gigawatt (GW) portfolio of utility-scale wind, solar and energy storage power projects across the United States, has announced that its first two transmission-level projects, North Fork and Bat Cave, are online and placed in service with Electric Reliability Council of Texas […]

Read more

Nextracker First To Reach 50 GW Solar Tracker Shipments Globally

Nextracker™ has announced the crossing of the 50 gigawatts (GW) in global shipments for it. The achievement makes it the first solar tracker firm to get there, and marks the relevance of a technology that is on the ascendance once more, as more efficient modules hit the market. The 50 GW figure is equivalent to […]

Read more

Microinverter-maker Enphase Energy Earns $351.5 M Revenue in Q3FY21

California-based supplier of microinverter-based solar and battery systems Enphase Energy has released its financial results for the third quarter of 2021, reporting quarterly revenue of $351.5 million, along with 40.8% for non-GAAP gross margin. The company shipped approximately 2,599,575 microinverters, or 913 megawatts DC, and 65 megawatt hours of Enphase Storage systems during this period. […]

Read more

Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20

California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […]

Read more

Biden’s 30 GW Offshore Wind Plans Face Many Headwinds

Plans to lease much of the U.S. coastline — from the Gulf of Mexico to the Northeast, California and Oregon — for offshore wind farms by 2025 are likely to face a steady barrage of resistance from various constituents, as renewable energy faces the biggest problem fossil fuels largely bypass. The NIMBY syndrome, or (Not […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll