Prescinto secures deal with energy storage major in USA
India-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has expanded beyond wind and solar into the rapidly accelerating energy storage market and added North America to its growing international portfolio.
Emerging market distributed renewable energy platform raises $5 million
Odyssey Energy Solutions is an investment and asset management platform for distributed solar projects in Africa and Asia.
Reliance Industries to acquire majority stake in U.S. solar startup
Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle.
Sungrow mulling another new inverter factory outside of China
Sungrow told pv magazine at the recent Intersolar South America event in Sao Paulo that its cumulative delivered capacity in Latin America now stands at 9 GW, with 6 GW of the total delivered to Brazil alone.
Lab manufactured perovskite solar panel goes nine months, loses 25% of its efficiency
Researchers built and deployed a nine perovskite solar panel array that showed little generation loss due to high temperatures, and performed better over time than researchers expected.
Grid-forming inverter to stabilize microgrids
Toshiba has developed a smart synchronous inverter that stabilizes power fluctuations in microgrids. The Japanese company said it has tested the device in combination with PV and battery storage.
Over 3 GW of solar panels have been held in US customs under forced labor law
ROTH Capital Partners reports 3 GW have been seized under enforcement of the Uyghur Forced Labor Prevention Act.
Global energy storage deployment may reach 500 GW by 2031
Wood Mackenzie forecasts the US and China will represent 75% of global demand in a highly consolidated market.
Global solar capacity to grow 30% this year, said analyst
Bloomberg senior clean energy analyst Rob Barnett forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.
Boviet Solar reaches 700 MW module supply deal with Origis Energy
Boviet Solar will supply its 550 W bifacial solar modules for utility-scale projects.
