Photovoltaic system

Global Module Level Power Electronics (MLPE) Markets 2023-2028 with Solar Edge Technologies, Enphase energy, Tigo, APSystems, Generac and Huawei Dominating - ResearchAndMarkets.com

Retrieved on: 
Monday, July 3, 2023
Utilities, Energy, IEA, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Generac, Electricity, Photovoltaic system, Electronics, Carbon, USD, Consultant, SolarEdge, PV, Just Dance 2023 Edition, SWOT, Energy efficiency, Algorithm, Porter's five forces analysis, Millicom, Renewable energy, Commercial, AI, Solar inverter, Cryptocurrency, Mobile phone, Retail, Huawei

The Global Module Level Power Electronics Market is expected to generate USD 5495.65 Million by the end of 2028, up from USD 2320.01 Million in 2022.

Key Points: 
  • The Global Module Level Power Electronics Market is expected to generate USD 5495.65 Million by the end of 2028, up from USD 2320.01 Million in 2022.
  • The Global Module Level Power Electronics Market is highly competitive, with the Leading 5 companies holding approximately 90% share in the market.
  • This study also provides a competitive landscape of the industry and profiles leading players in the Global Module Level Power Electronics Market including Solar Edge Technologies, Enphase energy, Tigo, APSystems, Generac and Huawei.
  • The report analyses the Module Level Power Electronics Market by data rate (less than 10G, 40G-100G, more than 100G).

Avaada Group Successfully Closes Historic INR 10,700 Cr ($1.3 billion) Funding Round, Reinforcing its Commitment to Green Energy

Retrieved on: 
Friday, June 30, 2023
Hydrogen, Solar, Photovoltaic system, Multimedia, INR, Government, Green hydrogen, Brookfield Renewable Partners, Growth, Renewable energy, Avaada Group

This funding round is the largest equity round ever raised by any green energy company in Asia.

Key Points: 
  • This funding round is the largest equity round ever raised by any green energy company in Asia.
  • This achievement underscores the effectiveness of government policies encouraging investment in green energy and the global transition towards sustainable energy solutions.
  • This success demonstrates Avaada' s ability to meet the growing demand for renewable energy and its commitment to delivering high quality, sustainable energy solutions.
  • Vineet Mittal, Chairperson and Founder, Avaada Group, commented: "This funding round marks a significant milestone in Avaada Group's journey and India's energy transition.

Avaada Group Successfully Closes Historic INR 10,700 Cr ($1.3 billion) Funding Round, Reinforcing its Commitment to Green Energy

Retrieved on: 
Friday, June 30, 2023
Hydrogen, Solar, Photovoltaic system, INR, Government, Green hydrogen, Brookfield Renewable Partners, Growth, Renewable energy, Avaada Group

This funding round is the largest equity round ever raised by any green energy company in Asia.

Key Points: 
  • This funding round is the largest equity round ever raised by any green energy company in Asia.
  • This achievement underscores the effectiveness of government policies encouraging investment in green energy and the global transition towards sustainable energy solutions.
  • This success demonstrates Avaada' s ability to meet the growing demand for renewable energy and its commitment to delivering high quality, sustainable energy solutions.
  • Vineet Mittal, Chairperson and Founder, Avaada Group, commented: "This funding round marks a significant milestone in Avaada Group's journey and India's energy transition.

FESCO Energy Awarded a $11.9 Million Design-Build Solar PV Federal Energy Systems Project

Retrieved on: 
Wednesday, June 21, 2023
Carbon, Maintenance, Business development, Electricity, Solar, Photovoltaic system, FESCO, GHG, Federation, Agency, Engineering, CFE, Renewable energy

FREDERICK, Md., June 21, 2023 /PRNewswire-PRWeb/ -- FESCO a leading integrator of cleantech solutions for sustainable infrastructure and renewable energy has been awarded a $11.9 million Design-Build Solar PV Energy System project as part of a campus wide Utility Energy Services Contract (UESC) to provide engineering, design, and construction services for a prominent US Federal Research Agency.

Key Points: 
  • The project will deliver 2.35MW DC of behind the meter solar generation comprised of three Solar PV Parking Garage solutions producing 3,288,700 kWh of carbon free electricity (CFE) annually powering the installation's mission critical research activities, while supporting the Agency's efforts to meet Federal renewable and sustainability goals.
  • The 3rd party financed solution significantly reduces the campus GHG emission through leverages cost savings generated by the Solar PV assets to pay for the project's capital costs.
  • "The FESCO Energy team is proud for the opportunity to continue to deliver Carbon Free Electricity for the Agency and the US Federal Government in support of The Federal Sustainability Plan.
  • The project scope includes turnkey design and construction of the solar arrays as well as supporting electrical infrastructure upgrades, integration into the facility's existing network architecture, utility interconnection, parking garage lighting, and long-term remote monitoring and maintenance of the solar PV energy system.

Clean Energy Technologies Announces 2023 First Quarter Financial Results Highlights

Retrieved on: 
Tuesday, May 23, 2023
Hydrogen, HTAP, Marketing, Waste management, Waste heat, Innovation system, Photovoltaic system, Research, Steel, RFP, Congress, Inflation, Vanguard Managed Solutions, Acquisition, Energy storage, NG, Engineering consulting, Growth, Inflation Reduction Act of 2022, ORC, Environment, Waste, HK, Video game, Cryptocurrency, Sales, Renewable energy, Engineering

COSTA MESA, CA., May 23, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (“CETY” or the “Company”), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced the 2023 first quarter financial results.

Key Points: 
  • COSTA MESA, CA., May 23, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (“CETY” or the “Company”), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced the 2023 first quarter financial results.
  • Financial and corporate highlights for the first quarter ended March 31, 2023 include the following:
    For the quarter ended March 31, 2023, our total revenue was $2,897,007 an increase of 373% compared to the same period in 2022.
  • For the quarter ended March 31, 2023, stockholder’s equity was $6,001,109 compared to $1,878,196 reported on December 31, 2022.
  • During the quarter ending March 31, 2023, our gross profit was $160,569 compared to $514,192 for the same period in 2022.

BioPower engages Signet Capital as its lead financial advisor to arrange a $450m private placement for the POWGEX-HYFI JOINT VENTURE

Retrieved on: 
Friday, May 19, 2023
Power purchase agreement, OTC Markets Group, Investment banking, Electricity, Photovoltaic system, Saab H engine, Joint venture, JV, OEM, Renewable energy

BioPower will own up to 19.99% of the joint venture and received a $50m equity investment in exchange for various deliverables including providing initial structured finance for $450 Million and our OEM relationships.

Key Points: 
  • BioPower will own up to 19.99% of the joint venture and received a $50m equity investment in exchange for various deliverables including providing initial structured finance for $450 Million and our OEM relationships.
  • A market leading Solar PV and Battery Storage OEM has been selected for the first GW deliverables to be provided and installed.
  • BioPower will arrange via the HyFi Signet financial consortium the structured finance capital for these facilities and receive project development and advisory fees as a result.
  • HYFI will have one Board of Director seat on the JV and POWGEX will have 2 seats.

Guidehouse Insights Estimates Global Market for Renewable Asset Management Solutions Will Grow to Nearly $24 Billion by 2031

Retrieved on: 
Thursday, May 11, 2023
Wind, Control, Photovoltaic system, ROI, Renewable energy

BOULDER, Colo., May 11, 2023 /PRNewswire/ -- A new report from Guidehouse Insights examines the market for renewable energy (i.e., solar PV, energy storage, wind) monitoring, control, and asset management solutions.

Key Points: 
  • In the wider energy value chain, utilities are becoming more interested in advanced solutions for renewable asset management.
  • According to a new report from Guidehouse Insights, renewables monitoring & control and asset management spending is expected to grow from $7.7 billion in 2022 to $23.5 billion in 2031, at a CAGR of 13.3%.
  • "Sitting at the intersection of these transformative shifts is the wide and growing market for renewable energy monitoring & control and asset management solutions."
  • Analyses are also provided for the expected investment in renewable asset management by global region through 2031.

Daqo New Energy Announces Unaudited First Quarter 2023 Results

Retrieved on: 
Thursday, April 27, 2023
Daqo New Energy, Maintenance, ASP, ASPS, URL, Table, Share repurchase, Harbor, ADS, Tax, Photovoltaic system, GAAP, US GAAP, American depositary receipt, Generally Accepted Accounting Principles (United States), PV, Forecasting, Bank statement, Public expenditure, EBITDA, Depreciation, R, Research, Ministry of New and Renewable Energy, RMB, Bank, Cryptocurrency, Rare-earth element, Renewable energy, Holding company, Video game, Internet service provider, Webcast

(2)  Daqo New Energy provides EBITDA, EBITDA margins, adjusted net income attributable to Daqo New Energy Corp. shareholders and adjusted earnings per basic ADS on a non-GAAP basis to provide supplemental information regarding its financial performance.

Key Points: 
  • (2)  Daqo New Energy provides EBITDA, EBITDA margins, adjusted net income attributable to Daqo New Energy Corp. shareholders and adjusted earnings per basic ADS on a non-GAAP basis to provide supplemental information regarding its financial performance.
  • Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "Efficient operation of our polysilicon facilities in the first quarter of 2023 resulted in a production volume of 33,848 MT.
  • Operating margin was 65.3%, compared to 72.1% in the fourth quarter of 2022 and 62.2% in the first quarter of 2022.
  • The Company has scheduled a conference call to discuss the results at 7:00 AM Eastern Time on April 27, 2023.

Clean Energy Technologies Enters into a Master Service Agreement with RPG Energy Group

Retrieved on: 
Wednesday, March 29, 2023
Partnership, Electricity, Czech Republic, Master service agreement, RPG, Photovoltaic system, Energy storage, Engineering, Knowledge, ORC, Renewable energy, Hydrogen

COSTA MESA, CA., March 29, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (the “Company”), a clean energy manufacturing and services company, offering recyclable energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced that it entered into a Master Service Agreement with RPG Energy Group for development of onsite applications which utilize technologies to create electricity, applicable hydrogen production, and promote decarbonization. CETY will support RPG Energy’s Fortune 500 customer with locations in Europe, the Middle East, Asia, the U.S., and Mexico. The initial sites are in Germany, the Czech Republic, Poland, the UK, and the U.S., specifically in the states of Tennessee, Ohio, Iowa, Kansas, Michigan, and Mississippi.

Key Points: 
  • --- CETY Will Develop Onsite Applications to Create Electricity, Hydrogen, and Promote Decarbonization
    COSTA MESA, CA., March 29, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY ) (the “Company”), a clean energy manufacturing and services company, offering recyclable energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced that it entered into a Master Service Agreement with RPG Energy Group for development of onsite applications which utilize technologies to create electricity, applicable hydrogen production, and promote decarbonization.
  • CETY will support RPG Energy’s Fortune 500 customer with locations in Europe, the Middle East, Asia, the U.S., and Mexico.
  • CETY and RPG Energy have been conducting global site assessments over the last 12 months to collect and analyze data in order to identify energy efficiencies and improvements.
  • We are excited to begin our work with RPG Energy.

Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2022 Results

Retrieved on: 
Tuesday, February 28, 2023
EBITDA, Bank statement, Climate change, Depreciation, Forecasting, RMB, Public expenditure, Research, Harbor, Daqo New Energy, Maintenance, GAAP, American depositary receipt, R, US GAAP, Growth, Tax, Photovoltaic system, Table, URL, Generally Accepted Accounting Principles (United States), ASP, ASPS, ADS, Chinese, Ministry of New and Renewable Energy, Engineered wood, Video game, Cryptocurrency, Bank, Security (finance), Renewable energy, Rare-earth element, Holding company, Internet service provider, Webcast

Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "We are very pleased to report record results for the year 2022.

Key Points: 
  • Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "We are very pleased to report record results for the year 2022.
  • Revenues were $864.3 million, compared to $1,219.7 million in the third quarter of 2022 and $395.5 million in the fourth quarter of 2021.
  • Gross margin was 77.4%, compared to 80.2% in the third quarter of 2022 and 60.6% in the fourth quarter of 2021.
  • Operating margin was 72.1%, compared to 56.8% in the third quarter of 2022 and 57.7% in the fourth quarter of 2021.