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High rise in SMA Solar Technology sales and earnings

In 2019, SMA Solar Technology AG sold PV inverters with a total output of 11.4 GW. Inverter output sold in the past fiscal year was thus 34% higher than in the previous year (2018: 8.5 GW). According to preliminary calculations by the SMA Managing Board, sales increased to around €915 million (2018: €760.9 million) and […]

1000-Acre Sunflower Solar Farm to be Built for Entergy Mississippi

This week the parent company of Recurrent Energy, Canadian Solar, said that Recurrent had signed a build-transfer agreement (BTA) for a base purchase price of approximately $138.4 million with Entergy Mississippi for a 100-MWac solar PV project in Sunflower County, Mississippi. The company said that this is one of the first solar BTAs to be […]

SRP Adding 1,000 MW of Utility-Scale Solar Capacity by 2025

Salt River Project (SRP) this week announced that it plans to add 1,000 MW of new utility-scale solar energy to its system by the end of fiscal year 2025, accelerating the pace of development and total solar capacity that it had previously announced by 700 MW. SRP’s CEO and GM Mike Hummel said that economics […]