Solar
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Solar
SolarEdge Slashing 900 Jobs in Cost-Cutting Move
Israel-headquartered SolarEdge Technologies is expected to cut about 900 jobs from its global workforce as the company seeks to reduce operating costs. SolarEdge on Jan. 21 said it would lay off about 16% of its employees. CEO Zvi Lando in a statement said, “We have made a very difficult, but necessary decision to implement a […]
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Solar
AES Announces Addition of 3.5 GW of Renewables
Virginia-based AES Corp. said the company added 3.5 GW of new renewable energy generation capacity to its global portfolio in 2023, an amount nearly double that built in the previous year. The projects, including solar power, wind power, and energy storage, were built in several locations worldwide, including the U.S., and will serve a variety […]
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Solar
Corporate Funding for Solar Power Projects Hits 10-Year High
Total corporate funding for solar energy projects hit a 10-year high in 2023, according to Mercom Capital Group’s annual report focused on the solar power sector. Mercom, an integrated communications, research, and media firm focused on global clean energy markets, said groups raised $34.3 billion to support solar projects last year, including $6.9 billion in […]
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Commentary
Artificial Intelligence Will Help Power America’s Clean Electricity Grids
Most countries will not meet zero-goals by 2050 based on current trajectories. It’s an unfortunate situation that needs to be taken seriously. While there are many factors delaying decarbonization efforts, the lack of clean energy-powered electric grids is perhaps the most significant barrier for nations. The United States is not exempt—despite the recent influx of […]
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Interview
The POWER Interview: Agrivoltaics, and Connecting More Renewable Energy to the Grid
The farm-to-table movement has changed the way many people look at food. But these days the agriculture business can be more than just growing and harvesting vegetables and grains. Many farmers are investing in farm-to-grid, particularly agrivoltaics, the practice of growing crops on the same land as a solar farm, to produce food and provide […]
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Interview
The POWER Interview: Predictive Maintenance Key for Solid Solar Performance
Operators of utility-scale commercial solar farms know the importance of predictive maintenance for their installations. Being proactive when it comes to developing operations and maintenance (O&M) programs can help operators anticipate equipment failures, and also streamline repairs in the field, allowing O&M service providers to better manage and plan staff assignments, find spare parts, and […]
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Solar
Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility
Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the $8.3 billion deal from state regulators. Avangrid officials in a statement on Jan. 2 said the group needed to receive approval for the deal from […]
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Trends
Carbon-Free Energy Is the Name of the Game: Renewables, Nuclear Poised for Growth
Solar, wind, and nuclear power, as well as battery storage systems, are the obvious winners as the world aims to decarbonize energy systems. It shouldn’t be a surprise to anyone who has been following trends
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Solar
Dialing in Data Key to Developing Successful Predictive Maintenance
Data analysis is helping operators in the solar power sector develop more efficient systems that optimize operations and deliver cost savings. Utilities and other developers of solar power installations know
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Solar
Nigeria Group Announces More Mini-Grid Deployments
Nigeria’s Rural Electrification Agency (REA) touted its success at the recent UN Climate Change Conference (COP28) in Dubai, United Arab Emirates (UAE), with the group noting it has deployed more than 100