In partnership with solar panel manufacturer First Solar, the company developed the inverters to reduce degradation rates.
Also on the rise: Lithos technology reduces water use in lithium extraction. Solar tracker provider Nextracker amps up its 2024 earnings guidance. And more.
Leveraging partnerships can help overcome challenges such as supply chain and price volatility as well as embracing opportunities such as meeting domestic content requirements.
In an eight-year agreement with Microsoft, Qcells will supply 12 GW of modules along with EPC services.
Tracker and solar solutions provider Nextracker is now its own entity.
Also on the rise: Waaree Energies to build 5 GW solar cell and module factory in Texas. Who’s on top of the residential solar-plus-storage market? And more.
India’s Waaree Energies says it will build a solar module manufacturing facility with an initial capacity of 3 GW per year by December 2024. It plans to ramp up to an integrated 5 GW cell facility by 2027 and has already secured an offtake contract with SB Energy.
Also on the rise: SMA to build 3.5 GW inverter factory in U.S. Residential air source heat pump for cold climates. And more.
Minnesota manufacturing to be doubled in size from 150 MW to 300 MW of solar modules, creating approximately 130 new jobs.
The 1.3 GW portfolio of projects are among the first to take advantage of the domestic content adder from the Inflation Reduction Act and are also qualified for the energy community credit adder.
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