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Ampt Files Two Lawsuits Alleging Patent Infringement By SolarEdge

United States-headquartered power optimizer company, Ampt has filed two patents infringement lawsuits against SolarEdge in the United States. The lawsuit has been filed with the US International Trade Commission (ITC), asking for a restriction on imports of SolarEdge’s power systems and components infringing Ampt’s patents. At the same time, Ampt has also filed a similar […]

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Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio

Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […]

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US Developer Longroad in $500 Million Equity Deal With MEAG

US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co.  The investment will support Longroad’s strategic shift from […]

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Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer

Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […]

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First Solar To Supply 2.4 GW Solar Modules To Intersect Power

US-headquartered First Solar, has announced entering into an agreement to supply 2.4 GW of thin film solar PV modules to Intersect Power. The modules are scheduled to be delivered from 2024 to 2026. According to Intersect Power, the modules will be deployed in its solar, storage, and green hydrogen projects coming online across the USA […]

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Clean Power Quarterly Market Report -2022 By American Clean Power

According to the recently published Clean Power Quarterly Market Report Q1 2022 by the American Clean Power Association (ACP) on clean power industry began 2022 with a robust first quarter despite impending obstacles and uncertain policy landscapes. More than 6.6 GW of new capacity for clean power was installed in the United States during the […]

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USA Expands RE Share Rapidly, Several Reports Mutually Agree

According to an analysis by the SUN DAY Campaign, three new reports released this week by the Energy Information Administration (EIA) of the United States of America all point to the same conclusion that renewable energy sources, led by solar and wind, continue to rapidly expand their share of the nation’s energy production and electricity […]

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TotalEnergies Reveals Q2 Results; Company Records Jump In Profits

Global renewable energy player, TotalEnergies has announced its financial results of the second quarter of 2022. It has said that the EBITDA from the renewables and electricity business of the company has grown to $462 million in the second quarter. TotalEnergies says that this is 49 per cent more as compared to the corresponding quarter […]

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500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie

UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […]

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