Revenue Up, Gross Margin Down For Array Tech. In Q2/2021

Higher Input & Logistics Costs Trouble Array Technologies In Q2/2021 Even As Revenues Grew 76% YoY; Secures Up To $500 Million Capital Commitment From Blackstone Energy Partners

Higher input and freight costs pulled down Array Technologies’ gross margin for Q2/2021 to 13.2% compared to 19.3% in Q2/2020. Yet its revenues went up 76% YoY to $202.8 million and adjusted EBITDA to $16.2 million, growing 23% over same period.

Latin America PV News Snippets: Votorantim, Nextracker, BMR

Votorantim Energia & CPP For ‘1st’ Hybrid Solar & Wind Project In Brazil; Vale To Deploy Nextracker Trackers For 766 MW Brazilian Solar Project; BMR Energy Building 5 MW Solar Project In Costa Rica For Virgin Group

1st hybrid solar and wind project in Brazil: Votorantim Energia and Canada pension Plan Investment Board (CPP) have announced a solar and wind power project with 85.2 MW DC/68.7 MW AC capacity calling it Brazil’s 1st hybrid power project.

3 MW Agrivoltaic Project Commissioned In France

Voltalia Enters Agrivoltaic Space With 3 MW Project In France With 20-Year Power Sales Agreement; Company’s 2020 Annual Revenues Grew 33% As Its Pipeline Swelled To 9.7 GW, Dominated By Solar

French renewable energy company Voltalia has energized a solar power project on agricultural land with 3 MW capacity in France’s Saint-Etienne-du-Grès in Provence-Alpes-Côte-d’Azur. It is the company’s maiden project in the agrivoltaic space.

China PV News Snippets: Jinko, Kibing, Arctech, Talesun

Jinkopower Q3/2020 PV Data Out; Kibing To Build 1200 T/D Tedlar Backsheet; Arctech To Expand Solar Tracking Brackets; Talesun And Bluesun Ink Agreement; China PV To Touch 60 GW

As per the agreement signed between Chinese module makers Talesun Solar and Bluesun Solar, both parties will make full use of their respective advantages in module technology innovation, project operation and maintenance services, and improve the core of both parties in the international photovoltaic market.

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