Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
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.
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.
On the road to becoming carbon negative, Microsoft increases the amount of zero-carbon electricity it’s procuring through long-term contracts.
Wood Mackenzie this week made a slew of predictions for the industry in 2022 and noted the effects the US’ recently announced anti-circumvention investigation is already having on utility scale plans.
The US solar manufacturer booked nearly 12 GW in less than 60 days since the prior earnings call, bringing year-to-date bookings to 16.7 GW.
CubicPV will supply 1 GW of Direct Wafer silicon solar cells per year to Indian manufacturer Waaree Energies under a five-year contract. The cells will be supplied from its upcoming 2 GW factory in India.
Ohmium International secured funding that is expected to quadruple the manufacturing output of its modular PEM electrolyzers.
Solas Energy Consulting acted as key technical advisor to GIP. The investment includes preferred equity and a letter of credit facility.
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
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