Canadian Solar posts losses and steady shipments in Q3 2024, receives TOPCon certification from DNV

US$14 million net losses for the quarter compared with net income of US$4 million in Q2 2024 and US$22 million in Q3 2023.
US releases final rules for implementation of Section 48 Investment Tax Credit

The US Treasury and IRS have released their final rules for the implementation of the Section 48 Investment Tax Credit (ITC).
‘We want to be an IPP with a module production line,’ says Reden on new 200MW plant

French independent power producer Reden has recently launched a module assembly line with an annual nameplate capacity of 200MW in France.
US DOE clean energy loan and grant activity soars after Trump election, data shows

Clean energy loan and grant activity from the US Department of Energy (DOE) and its Loan Programs Office (LPO) has soared around the election of Donald Trump, analysis by Energy-Storage.news shows, with officials reportedly keen to get deals over the line before the new administration comes in.
US renewable energy tax credits should be safe despite election results

PV Talk: With most US clean energy projects located in Republican states, and their economic benefits flowing to the constituents of such states, Carl Fleming, partner at law firm McDermott Will & Emery, says the IRA tax credits for renewables should stay in place despite next year’s regime change.
US renewable energy market remains robust, despite election results

PV Talk: With most US clean energy projects located in Republican states, and their economic benefits flowing to the constituents of such states, Carl Fleming, partner at law firm McDermott Will & Emery, says the IRA tax credits for renewables should stay in place despite next year’s regime change.
US adds 8.6GW of operating solar capacity in Q3 2024, produces cells for the first time in five years

The US added 8.6GW of new solar capacity in the third quarter of this year and began solar cell manufacturing for the first time since 2019.
Transmission grid congestion could hinder renewable power deployment in Spain – DNV

Consultancy DNV has forecast transmission grid congestion in the next few years to hinder renewable energy deployment in Spain.
US utility Public Service Company of New Mexico seeks approval for battery storage contracts, own project

Public Service Company of New Mexico (PNM) is seeking regulatory approval of two Energy Storage Agreements and a Certificate of Convenience and Necessity covering 350MW of energy storage capacity across three projects.
Sonnedix commissions 150MW Spanish solar portfolio

Sonnedix has commissioned its 150MW Betierra solar portfolio in Spain, bringing its total renewable capacity in the country to over 1GW.