CSI Solar announces initial public offering pricing on Shanghai Stock Exchange
Canadian Solar’s global module, battery and inverter solutions business is issuing 541 million shares, or 15% of 3.6 billion outstanding shares, at $1.17 per share (11.10 RMB) raising the equivalent of $848 million in proceeds.
Daikin unveils air-to-water heat pump for commercial applications
Daikin Applied Americas has developed an air-to-water heat pump that can produce 91.2 kW of heat and 23.58 tons of cooling. The new device can be used as a cascade system with water-to-water heat pumps, and can switch between cooling and heating modes, depending on temperature requirements.
Solar module prices at two-year low, deployment to reach 300 GW this year
A report by the National Renewable Energy Laboratory highlights core benchmarks for PV prices, deployment, imports and more.
Solar project cuts carbon, saves energy costs and builds resilience for Tohono O’odham Nation
A 182-kW solar photovoltaic system, completed in 2021, is powering two tribal buildings and bringing a multitude of benefits to the San Xavier District of the Tohono O’odham Nation.
U.S. clean energy market deployed 25.5 GW in 2022, third largest year on record
American Clean Power reported that 2022 had a 15% slowdown in installations, largely represented in the utility solar market, which had 13 GW fewer deployments in the year.
Sunrise brief: Solar tariff moratorium remains in place
Also on the rise: Enphase launches IQ Battery 5P residential battery in U.S. and Puerto Rico. Solar energy in New York state covered record 20% of state power demand. And more.
Minnesota expands community solar program to allow more LMI customers, projects to 5 MW
Minnesota Governor Tim Walz signed HF 2310 into law, which opens up the state’s community solar program to more residential subscribers, specifically low-to-moderate income (LMI) households, and expands the project sites from 1 MW to 5 MW community gardens.
Solar energy in New York state covered record 20% of state power demand
During the noon hour on May 18, 2023, NYISO reported that consumer and utility-side solar resources generated 3.33 GW of clean energy output, while the behind-the-meter portion of 3.2 GW and utility-operated 130 MW accounted for 20% of the state’s electricity demand.
Flexible demand through participation by large customers in wholesale markets
Large industrial users of electricity that could use less electricity at high prices, or more electricity at low prices, could bid prices for their demand in day-ahead wholesale markets to help set market prices, integrate renewables, and lower system costs, according to an ESIG report.
Sunrise brief: First Solar sues Toledo Solar for false and deceptive practices
Also on the rise: Toyota to procure 100 MW of solar from reclaimed Kentucky coal mine site. Strata Clean Energy enters into 1 GWh battery storage tolling agreement with Arizona Public Service. And more.
