Business data analyst IHS Markit published a series of clean tech predictions for the year that also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.
Industrial Sun is expected to begin its launch and multi-year deployment following the investment. The company focuses on developing large-scale solar projects for high-energy commercial and industrial customers.
Investors continue to invest and clean energy entrepreneurs continue to innovate — despite global setbacks. Here are six companies that won a total of $170 million in funding in recent days, ranging across the cleantech spectrum.
IEA PVPS report: Global solar demand increased by 12% in 2019 compared to 2018 — but that was BC. According to the report, photovoltaics provided just under 3% of global electricity needs in 2019.
This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.
Hello and thanks for spending your last day of January reading the pv magazine morning brief. Today we’ll take a gander at Atlas Renewable Energy’s deployment of NEXTrackers TrueCapture Control System in Latin America, APA Solar Racking launching the TITAN Series Racking System, Delta complying with rapid shutdown requirements using Tigo and all else that came across our desks in the world of solar.
The yieldco has refinanced a 9.75% debt package due in 2022 into a 6.125% debt package due in 2026. The financing covers various portions of just over 1GW of solar, wind and hydro projects.
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