Solar power generation soars in Mexico, southwestern U.S.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that areas across Mexico and Southern Texas saw reduced cloud, leading to 120-130% of average September irradiance.
Maxeon’s PV module capacity hits 2.5 GW in Mexico
Maxeon Solar Technologies says it has invested $70 million to upgrade its panel factory in Mexicali, Mexico, to 1.8 GW. The remaining capacity is provided by a 700 MW facility that the Singapore-based manufacturer operates in Ensenada.
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.
Powin signs manufacturing agreement with Jabil to produce 2 GWh U.S. storage systems
Powin has selected Jabil as its manufacturing partner to produce Powin’s Stack750 Centipede energy storage systems. Beginning in Q4 2023, Jabil will produce an initial annual capacity of 2 GWh, with plans to ramp up production to 4 GWh per year.
Maxeon raises $199.4 million in equity for IBC module manufacturing expansion
The producer of Maxeon and SunPower brand solar modules is raising capital from a $157.4 million underwriting of shares and a separate $42 million private placement with TCL Zhonghuan.
Sunrise brief: Duke Energy carbon plan sells ratepayers short
Also on the rise: Mexico could reach its goal of 35% clean electricity by 2024. Trina Solar’s new 6.5 GW Vietnam wafer plant to exclusively supply U.S. market. And more.
NREL study shows how Mexico could reach its goal of 35% clean electricity by 2024
A study funded by the U.S. State Department models doubling solar capacity in Mexico by 2024.
North American EV battery production forecast to reach 1 TWh annually by 2030
Rust Belt states of the Midwest have estimated production capacity of 30 GW to over 100 GW per year of EV batteries, with California and Ontario adding capacity as well.
Solarever looks to strengthen US market presence with 20.4% efficient, 410 W solar module
The Module HC 108M is a 410W/400W residential solar module using 108 half-cut 182 mm mono PERC cells and is Solarever’s most powerful module to date.
Powin nearshores modular Centipede lithium-ion battery production
The company announced a manufacturing partnership with Celestica at its Monterrey, Mexico, facility, bringing Powin’s production closer to its end-users.
