Canadian Solar drops 15% post Q2 earnings report
The solar company logged $1.64 billion in revenue, down from $2.36 billion in the previous year’s Q2.
Nova Infrastructure acquires community solar company UGE International
The middle-market investment firm agreed to acquire approximately 70% of UGE shares.
U.S. solar car race success for two Canadian teams
Solar car teams from Canada outperformed in two categories of the latest Electrek American Solar Challenge.
Canadian government extends heat pump grant scheme
The provincial government of Prince Edward Island, Canada, has signed an agreement with the Canadian federal government to implement the Oil to Heat Pump Affordability (OHPA) program. The scheme offers grants to low- and medium-income households to install heat pumps and has nationally delivered more than 7,000 units to date.
Battery storage deployment in Canada kicks into gear
The deployment of battery energy storage systems (BESS) in Canada is picking up the pace, with the announcement of a 705 MWh battery storage system delivery to Nova Scotia by Canadian Solar’s e-Storage and various other projects in provinces across the country. However, this surge cannot come quickly enough says Energy Storage Canada.
Concentrator photovoltaic module based on surface mount technology
A research group in Canada has optimized the performance of concentrator photovoltaics by using the so-called surface-mount technology for thermal management. The CPV module prototype utilizes four non-interconnected III-V germanium cells, a Fresnel lens, and a transparent glass printed-circuit board.
ABB launches smart panel for home energy management
In partnership with Lumin, the company released an electric panel with software for controlling solar, batteries, EV chargers, and more.
Apricus Generation buys stake in Nexus Renewables
U.S.-headquartered Apricus Generation says it has acquired a controlling stake in Toronto-based Nexus Renewables – its first strategic acquisition.
Reflective ground covers boost solar energy production
Researchers in Canada are testing the use of reflective surfaces to boost electricity production in bifacial solar panels.
Hitachi Energy to invest more than $100 million to manufacture transformers in Canada
To help meet the demand for transformers, the Government of Quebec is helping with funding of a testing facility as well as an engineering and design center.
