Hawaiian Electric to add 3.7GW solar and energy storage systems by 2030
Utility Hawaiian Electric has finalised a plan to completely use renewable resources by 2045, including mid-term goals of adding renewables generation and rooftop solar by 2030.
Spruce Power’s adjusted EBITDA up 33% in Q1 2023
US distributed solar supplier Spruce Power has posted an improved financial results as its adjusted EBITDA increased by 33.8% year-on-year in the first half of 2023.
Recurrent Energy secures offtakers for 100MW Texas solar PV plant with virtual PPA
Solar developer Recurrent Energy, a subsidiary of Canadian Solar, has signed an aggregated virtual power purchase agreement (PPA) with several offtakers for its 100MW solar PV project in Liberty County, Texas.
Maxeon looking to expand in the US with cell and module assembly plant
Solar module supplier Maxeon has started evaluating the possibility of expanding its manufacturing capacity in the US with a cell and module assembly plant.
Pivot Energy secures US$200 million financing from Silicon Valley Bank for 100MW PV portfolio
US renewables developer Pivot Energy has closed a US$203 million financing facility to fund 100MW of distributed solar PV projects across numerous states.
Building infrastructure and manufacturing facilities crucial to enhancing tech capabilities – Maxeon
Solar module supplier Maxeon aims to turn the negative adjusted EBITDA around through investing in technology and increasing customer value, in addition to contiuning investing in talents, according to the company’s CEO Bill Mulligan and CTO Matt Dawson.
Duke Energy powers two more solar PV plants in Florida
Utility Duke Energy has completed two more solar PV projects in northern Florida, adding 150MW to its portfolio.
Sunrun exceeds rooftop PV installs guidance in Q1, on track for 1GW in 2023
US solar installer Sunrun has added 239.8MW of PV capacity in Q1 2023, exceeding its high-end guidance and is on track to reach 1GW in 2023.
Swift Current closes financing for 266MW solar PV plant in Texas
US solar developer Swift Current Energy has closed financing on a 266MW solar PV project in Southeast Texas.
