Category: Solar

Solaredge Announces Fourth Quarter 2023 And Full Year 2023 Financial Results

MILPITAS, Calif.Feb. 20, 2024— SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the fourth quarter ended December 31, 2023 and full year ended December 31, 2023. Fourth Quarter 2023 Highlights Revenues of $316.0 million Revenues from solar segment of $282.4 million  GAAP gross margin of… Read more »

Soltec Supplies 164 MW of its SF7 Tracker to Blue Ridge Power in the United States

February 14th, 2024. Miami – Soltec, a company dedicated to the manufacturing and supply of solar trackers for large-scale plants, will supply 164 MW of its SF7 tracker for a project by Blue Ridge Power. The photovoltaic plant will be located in the state of Virginia, United States. The project will be equipped with Soltec’s… Read more »

SolarEdge Announces First U.S. Installation of Newly UL1741 Certified Optimized Ground-Mount 330kW Inverter in California

February 19, 2024 – SolarEdge Technologies, a global leader in smart energy technology, today announced that its new high-power DC-optimized SolarEdge 330kW Inverter system for ground mount solar has received UL1741-SB certification and is now deployed with its first customer in the U.S. The first commissioned DC-optimized SolarEdge 330kW Inverter system in the U.S. is… Read more »

Qcells Partners with SOLARCYCLE on Recycling Solar Panels to Accelerate Domestic Supply Chain

SAN FRANCISCO, MESA, Ariz. [Feb. 12, 2024] — Qcells, a leading provider in complete clean energy solutions in U.S. residential and commercial markets, has today announced it will partner with SOLARCYCLE, a technology-based solar recycling company, to recycle the company’s decommissioned, owned and installed solar panels in the United States. The announcement marks the first-of-its-kind… Read more »

Calumet Electronics and Schmid Group Collaborate to Establish First-Ever US Advanced Substrate Facility.

Freudenstadt, Germany, February 13, 2024. Calumet Electronics (Calumet), a leading American  printed circuit board manufacturer is pioneering the domestic production of advanced  packaging substrates. The current development and onshoring of this technology are the direct  result of a strategic partnership with Schmid Group (Schmid), a top global solutions provider for  the high-tech electronic, photovoltaics, glass,… Read more »

Natural Power appoints new Technical Director – Solar

Leading renewable energy consultancy and service provider, Natural Power, has appointed William Delabre as Technical Director – Solar.  He joins from RINA where he was heading the UK Renewables and Storage team and was responsible for technical advisory due diligence and owner’s engineering of large-scale solar, wind and storage portfolios.  William, who has an MEng… Read more »

Solis secures 255kW VN4130 certification

London, UK – [February 8th 2024] – Leading inverter manufacturer, Solis, is proud to announce the successful VDE4130 certification of its groundbreaking Solis-(215-255)K-EHV-5G-PLUS and Solis-(250-255)K-EHV-5G inverters. Following upgrades to meet higher voltage at point of common coupling (PCC) and grid code requirements, Solis enlisted the support of TÜV Rheinland to conduct rigorous testing on the… Read more »

DNV creates European cyber security services powerhouse through merger with Nixu and Applied Risk

Oslo, Norway – 12 February 2024: DNV, the global assurance and risk management provider, has created one of Europe’s fastest growing cyber security services businesses by merging DNV’s existing cyber security business with two recently acquired companies – Nixu and Applied Risk The merger brings together more than 500 cyber security experts to safeguard demanding… Read more »

INTEC Introduces a New Project in Italy, with a Total Capacity of 12.45 MWp for KELAG

INTEC Energy Solutions (INTEC), a leading solar Engineering, Procurement, and Construction (EPC) systems provider, continues its steady growth with strategic collaborations. INTEC has embarked on an EPC service endeavor for a noteworthy project in Jalmicco area (Friuli Venezia Giulia region), Italy, boasting a substantial 12.45 MWp capacity for KELAG, Austria’s leading energy service provider. The… Read more »

Trina Solar Vertex S+ 505W n-type dual-glass modules enter mass production

Trina Solar, a leader in smart photovoltaic (PV) and energy storage solutions, has announced that the first Vertex S+ 505W (NEG18R.28) rolled off the production line at its factory in Changzhou, Jiangsu province, on 25th January, marking the beginning of mass production. It is part of the Vertex S+ series specifically designed for commercial and… Read more »

The story in a nutshell…

SynergyXR, already a leader in immersive technology with its user-centric platform, embraces the advent of Apple Vision Pro as an opportunity to further enhance its capabilities. This ushers SynergyXR’s Fully Immersive Technology into a new era, leveraging the advanced features of Apple Vision Pro to bring even more accessibility and impact to the realm of… Read more »

Nextracker Accelerates in Distributed Generation (DG) Solar with Two New Strategic Value-Added Reseller Partners and Over 600 DG Projects Delivered

FREMONT, Calif., Feb. 7, 2024 – Nextracker (Nasdaq: NXT) announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing… Read more »

ees to join Intersolar Mexico 2024 as special exhibition

Pforzheim, February 7, 2024 – ees (electrical energy storage) – Europe’s largest and most international exhibition for batteries and energy storage systems joins Intersolar Mexico in 2024 as a special exhibition. This inclusion shines a spotlight on the pivotal role of energy storage in fortifying the flexibility of Mexico’s grid system, ensuring a more adaptable… Read more »

Dnv Publishes Bankability Study Of Solcast Satellite Irradiance Data

Sydney, Febryary 07, 2023 – Solcast, a DNV Company and global provider of solar irradiance historical actuals and forecasting for solar energy, achieves a significant milestone as DNV validates its satellite irradiance data as bankable. In a report published today, DNV, the leading global energy expert and assurance provider, found Solcast’s historical data and irradiance… Read more »

ABP unveils ambitious Masterplan for decarbonised growth at the Port of Newport

Associated British Ports (ABP), the UK’s leading and best-connected port operator, has today announced its ambitious plans for the Port of Newport, to support a new era of green growth for the port and the city of Newport. Sustainability is at the core of ABP’s business, and this latest vision outlines the company’s ambitions for… Read more »

Trina Storage partners with Low Carbon to deliver energy storage systems for four UK sites

Projects will provide close to 190 MWh of storage capacity, enhancing arbitrage and ancillary services capabilities Trina Storage, a business unit of Trina Solar, has secured a deal to provide battery energy storage systems (BESS) for four UK sites operated by international independent power producer Low Carbon. The systems will deliver approximately 190 MWh of… Read more »

Accelerating Spain’s Energy Transformation: LONGi to supply Naturgy with 1 million modules in new deal

5th February 2024, Madrid (Spain)— Solar technology leader LONGi and energy utility firm Naturgy have signed a new module sales agreement for Naturgy’s 2024 solar projects in Spain. LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules feature a 21.3%… Read more »

Tesvolt aims to conquer the Italian market for commercial battery storage systems

Wittenberg/Germany, 6 February 2024 – In 2022, one in every two battery storage systems in Germany’s commercial segment were supplied by Tesvolt. Now, the Wittenberg-based manufacturer aims to conquer the Italian market. Tesvolt will use a Milan office to facilitate market access, with on-site training for installation partners. Tesvolt will present its battery storage system… Read more »

DAS Solar supplies high efficiency N-type modules in Netherlands

Recently, DAS Solar delivered 2.1MW of high-efficiency N-type modules for the Xperal Zonneweide Kempenbroek PV project, which was successfully connected to the grid in the Netherlands. The project is located in Limburg Province, a province with abundant sunlight. Zonneweide Kempenbroek PV project is a collaboration between DAS Solar and Xperal, a leading EPC firm in the Netherlands…. Read more »

Solis Embarks on European Tour, Unveiling Next-Gen Hybrid Inverters

Ningbo, China – Ginlong (Solis) Technologies, renowned as one of the most experienced and largest inverter manufacturers globally, is set to kick off an exciting European tour, showcasing its cutting-edge technology at key exhibitions across the continent. The company’s local teams will proudly present an innovative range of new products tailored to meet the diverse solar… Read more »

New three-phase hybrid inverter from Ingeteam for residential, commercial and industrial self-consumption

Pamplona, 31 january of 2024.  Ingeteam’s range of hybrid inverters (solar + batteries), so far available only in single-phase version, is now extended with four new three-phase hybrid inverter models of 10, 15, 20 and 30 kW, all of them with two photovoltaic MPPTs (MPPT: Maximum Power Point Tracker). These models are aimed at residential,… Read more »

Innovative protection method optimizes safety and power supply quality

ABB has extended its award-winning earth-fault protection portfolio with a new addition: touch voltage-based earth-fault current protection, also known as IFPTOC in IEC 61850 – the international standard that defines communication protocols for intelligent electronic devices in substations. In a world-first, customers operating compensated distribution networks can now benefit from this new protection method to… Read more »

Yorkshire Renewables Firm Surges Past £40 Million with Tenth Strategic Acquisition

Fast-growing cleantech business Green Building Renewables‘ tenth acquisition sees it surpass the £40 million turnover milestone as it continues its rapid expansion across England at the start of 2024. Crawley-based Doré Woodman has joined Green Building Renewables’ nationwide network of renewable experts, allowing the company to expand further into Kent, Surrey, and Sussex. Today, VAT… Read more »

From power generation to grid connection: TÜV Rheinland to Host Solar Energy Conference in Cologne on April 24 and 25

Kick-off for the Solar Energy Conference: TÜV Rheinland’s new event format offers the international solar industry a comprehensive overview of the market and technology. Details: www.tuv.com/landingpage/en/pv-module-forum Cologne, 1 February 2024. For the first time, TÜV Rheinland is inviting system operators, investors, manufacturers and suppliers to the Solar Energy Conference at the Marriott Hotel in Cologne… Read more »

GRS renews maintenance contracts
for its three plants in Mexico

Madrid, 31st January.- The operation and maintenance (O&M) division of GRS strengthens its presence in Mexico after reaching an agreement with Balam Fund to renew the contracts for the Camargo, Energía Limpia de La Laguna and Salsipuedes Solar photovoltaic plants. In this way, the company belonging to the Gransolar Group will maintain its activity in… Read more »

GCL SI changes the industry game with a totally transparent and controlled, decarbonised manufacturing

2nd February 2024, London, GCL System Integration Technology Co. Ltd (GCLSI), a one-stop energy solution provider for intelligent energy systems, participates as Platinum Sponsor in the 11th edition of the Solar Finance and Investment Europe Summit in London. The event, which took place in London on 31st January and 1st February, gathered funds, banks, developers,… Read more »

Oxford PV sets new solar panel efficiency world record

Oxford PV, a pioneer in next-generation solar technology, has set a new record for the world’s most efficient solar panel, marking a crucial milestone in the clean energy transition. Produced in collaboration with the Fraunhofer Institute for Solar Energy Systems, the panel achieved a record 25% conversion efficiency, a significant increase on the more typical… Read more »

DNV Supports Mytilineos S.A. In Securing Financing For Chilean Solar Farms

Santiago, Chile, 30 January 2023 – DNV, the independent energy expert and assurance provider, is pleased to share that MYTILINEOS S.A. has successfully closed financing with a group of lenders, including BNP Paribas, Intesa San Paolo, SMBC, Rabobank, and Santander Chile. DNV  served as a market advisor in this financing deal for a portfolio of… Read more »

PDEU’s New Photovoltaic Panel Manufacturing Center Inauguration with Dr. Mukesh Ambani

On January 10th, Pandit Deendayal Energy University (PDEU) in Gujarat has taken a significant step forward in the field of renewable energy by inaugurating a new solar panel manufacturing center equipped with a complete Ecoprogetti state-of-the-art 50 MW line capable of producing the latest generation of PV panels. This milestone event marks a crucial development… Read more »

Alantra and Solarig secure €213m financing for the first batch of their 1.9 GW photovoltaic platform

€213m in new debt financing has been secured from a syndicate of banks coordinated by Rabobank, with ABN AMRO, BNP Paribas, Commerzbank, and Rabobank as the original lenders to the new facility, which will be used for the construction of the first batch of seven solar plants with a total capacity of 306 MWp. ●… Read more »

Photon Energy Group Announces Project Sale and Development Partnership with INWE Group

Amsterdam/Warsaw – 25 January 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’, the ‘Company’ or the ‘Seller’), a leading international renewable energy services provider, recently announced the signing of a sale and development agreement with PM PV 7 Sp. z o.o. (the ‘Buyer’), a subsidiary of INWE Group. PM PV 7… Read more »

TE Connectivity’s compact elbow connectors offer power industry smart, space-saving solution

OTTOBRUNN, Germany– January 25– TE Connectivity, a world leader in connectors and sensors, addresses a critical current need in the power industry: space. TE’s Raychem ELBA Asymmetric Compact Elbow Connector can cut stacking length by 40%, making it currently the most compact design on the market. This smaller footprint is complemented by increased range and… Read more »

PVH reduces installation time by 40% with in house pre-assembly

Houston, January 25th.-  PVHardware (PVH), a global frontrunner in solar tracker manufacturing, has unveiled a groundbreaking in-house pre-assembly process across all production centers, marking a seismic shift in solar installation efficiency. This strategic innovation dramatically slashes the number of components shipped to installation sites by over 85%, leading to an unprecedented reduction in solar project… Read more »

Trilantic Europe acquires stake in AEROCOMPACT Group

Satteins/Vienna, 26 January 2024: Trilantic Europe, a leading European private equity firm with a dedicated energy transition strategy, acquires a 60% stake in AEROCOMPACT Group, a leading supplier of solar mounting solutions specializing in the development, production and distribution of substructures for mounting photovoltaic modules. This investment will accelerate the company’s growth plan internationally, leveraging… Read more »

Burges Salmon advises Bluefield Solar on new strategic partnership with GLIL Infrastructure

The firm’s Corporate and M&A team has facilitated the formation of a long-term partnership to boost investment in the UK solar market Independent UK law firm Burges Salmon has advised Bluefield Solar Income Fund (“Bluefield Solar”), the London listed income fund focused primarily on acquiring and managing UK solar energy assets, on its new long-term… Read more »

Global Expansion Continues with Substantial PV-Orders from India and the USA

Gütenbach, 15.01.2024: RENA Technologies, a leading player in the solar industry, announces a flourishing market presence with large-scale orders for solar machines in 2023. RENA has secured orders for several gigawatts of production capacity for high efficiency solar cells, primarily from the fast growing markets of India and the USA.