Markets & Finance

Software company Accela is joining forces with the US Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) on a new platform offering faster permitting for residential solar and battery energy storage projects.

The Solar Energy Industries Association (SEIA) has unveiled a new tool to make it easier for solar developers to trace where their modules and technologies are made and ensure an ethical supply chain.

Sunnova has reported a surge in Q1 2021 revenue as the US residential solar installer lauded its software and services capabilities.

California-headquartered solar tracker manufacturer Nextracker is moving forward with a proposed initial public offering (IPO) of the company.

The US Department of Energy (DOE) has earmarked US$8.25 billion in loans to support grid transmission improvements as more renewables are added to the country’s power mix.

French utility Engie has doubled its renewables deployment targets in Chile as part of plans to end its coal-fired generation activities in the country by 2025.

Renewable energy group BayWa r.e. has opened what it claims is its largest PV warehouse in Europe yet in a bid to expand its distribution network in the continent.

South Australia saw record low daytime energy prices in the first three months of this year, driven by a sharp uptake in renewable power resources.

FTC Solar has downgraded the pricing of its initial public offering (IPO) and will list at a price of US$13 per share, rather than initial target range of US$18 – 20.

Enphase Energy beat its revenue guidance in Q1 2021 as the microinverter supplier got off to a strong start to 2021, however an ongoing semiconductor shortage has weighed heavy on guidance for the rest of the year.