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RE100, a consortium of over 400 companies committed to using 100% renewable electricity, met 50% of their electricity needs from renewables in 2022, up from 49% in 2021,...
U.S.-based First Solar’s net income for the first quarter (Q1) of 2024 surged by 455% to $236.6 million from $42.6 million in the same quarter last year, with the solar...
Under current policies and market conditions, the global renewable capacity is projected to hit 7,300 GW by 2028. However, this trajectory falls short of the goal to...
China-headquartered solar cell and module manufacturer JinkoSolar saw a 44% decline in its first quarter (Q1) profit as decreasing module prices hurt the company’s...
Energy storage infrastructure needs to expand by at least six times the current capacity if the world wants to triple renewables capacity by 2030 while maintaining...
The global energy storage sector witnessed a 432% increase year-over-year in corporate funding, totaling $11.7 billion across 29 transactions, from $2.2 billion in 27...
Global solar manufacturing capacity under construction indicates an increase of 330 GW in 2023 to almost 800 GW – triple the 2021 level, according to the International...
In a significant move aimed at protecting the burgeoning U.S. solar manufacturing sector, the American Alliance for Solar Manufacturing Trade Committee has filed...
U.S.-based renewables firm NextEra Energy said its first-quarter net income rose 12% year-over-year to $2.27 billion and that it expects data centers to drive...
India’s solar exports success story could run into trouble if the U.S. entertains petitions from domestic manufacturers to impose anti-dumping (AD) and...
Nearly 12,000 power projects, an overwhelming majority based on renewable sources, representing a combined capacity of 1,570 GW and 1,030 GW for storage, are in...
An entirely U.S.-based solar manufacturing supply chain, touted as a key pillar of the country’s Inflation Reduction Act (IRA), cannot flourish amidst an...
China has formally petitioned the World Trade Organization (WTO) for dispute consultations with the U.S. regarding certain tax credits under the country’s Inflation...
ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power won...
The U.S. energy storage market saw breakneck growth in 2023, shattering previous installation records across multiple segments, as the country added 8.7 GW of new energy...
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