Bridge financing keeps Meyer Burger afloat
Loan facility of $39.5 million intended to help sustain business as it restructures and re-negotiates agreement with DESRI.
Tesla first in global battery energy storage system financial strength rankings
The latest financial stability ranking from Sinovoltaics keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
Inlyte reports zero loss over 700 cycles for its iron-sodium battery tech
The startup is targeting commercial demonstration projects in 2025 and large-scale U.S. manufacturing by early 2027.
DOE loan guarantee of $305 million for VPP project with novel ice storage
The loan intends to finance Project IceBrick, a virtual power plant consisting of up to 193 cold thermal energy storage installations at commercial buildings across California.
Sunrise brief: SolarEdge U.S.-made home battery now available
Also on the rise: New solar tracker algorithm boosts captured energy on cloudy days. Canadian Solar posts Q3 net loss, falls short on revenue. And more.
Construction complete on largest third party-owned community solar project in U.S.
The 44 MW California project will generate $18 million in energy savings for commercial and residential subscribers, bringing solar to many who otherwise would not have access.
Canadian Solar posts Q3 net loss, falls short on revenue
The solar panel manufacturer and energy storage provider posted revenues of $1.51 billion and a net loss of $14 million.
New solar tracker algorithm boosts captured energy on cloudy days
A new solar tracker algorithm developed by PV Hardware USA may increase energy collection during overcast conditions, potentially by up to 20% on some days compared to traditional sun tracking algorithms.
DOE seeks experts in renewables siting to advise 13 state collaboratives
To improve renewable energy siting, the U.S. Department of Energy seeks permitting experts to provide technical assistance to state siting collaboratives. DOE expects to fund each collaborative, and to support additional collaboratives in other states.
Expandable solar roof rack adds 1 kW of off-grid charging for EVs
LA-based startup DartSolar said its electric vehicle roof rack attachment adds 10 to 20 miles of additional range per day.
