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BlackRock investor led consortium buying AES in $10.7 billion cash deal

The transaction is the latest big announcement in a hot market for US power and utilities mergers and acquisitions, as companies jostle for position in anticipation of AI-driven demand spike.

Can solar and energy storage plug the gas leak?

Demand for gas turbines has never been higher, with an anticipated spike in future energy demand filling order books for years to come. Complex engineering makes expanding manufacturing capacity tough, but can solar and energy storage plug the gaps left by gas?

SolarEdge ships U.S.-made inverters to Europe, ramping up BESS manufacturing

Single-phase inverter products manufactured in Texas are now being shipped to multiple European markets as SolarEdge adapts its international export strategy. The manufacturer tells pv magazine key components will increasingly be manufactured in the United States in the coming years.

U.S. authorities find no definitive evidence of hidden devices in Chinese solar inverters

New documents reveal U.S. government found two cases of communications in Chinese inverters that differed from official documentation. The discrepancies were deemed “non-malicious” and “non-intentional” by investigators.

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Hidden devices found in Chinese-made inverters in the U.S., reports Reuters

U.S. officials are reassessing the risks posed by Chinese-made devices in renewable energy infrastructure according to news agency. Reuters cites two unnamed sources “familiar with the matter.”

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Go with the flow (batteries)

There is a gap in the market for long-duration energy storage (LDES), according to US-based manufacturer ESS Inc. – one which can’t be plugged with lithium-ion chemistry. Hugh McDermott, of ESS Inc. tells pv magazine how he thinks iron flow batteries fit into the energy system of the future, as the company pursues global expansion.

Northvolt CEO steps down following bankruptcy filing

Company co-founder Peter Carlsson steps down from CEO position at Northvolt in the wake of Chapter 11 announcement in the United States. The Swedish battery maker has embarked on a debt restructuring process and is seeking new sources of funding.

BP completes takeover of Lightsource business

Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.

Powering adventure with solar

The allure of the open road is strong in the United States, where highways can snake through breathtaking landscapes. Recreational vehicles (RVs) make adventuring easy but powering portable homes with diesel generators is a poor solution for today’s travelers. Briter Products President Avanti Lalwani tells pv magazine how her company is putting solar on wheels.

Meyer Burger cancels U.S. solar cell plant, announces restructuring

Colorado Springs solar cell plant halted as Swiss-German PV manufacturer announces company restructuring plans. Planned capacity expansion at Arizona module production plant also put on hold. Existing cell production site in Thalheim, Germany, to remain part of Meyer Burger operations.

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