Ryan Kennedy
Nextracker announces split from majority holder, raises 2024 earnings outlook
Majority holder Flex plans to spin off its remaining interests in Nextracker. Plus, the company raised its earnings guidance for 2024.
Canadian Solar to open 5 GW solar cell factory in Indiana
The company will invest $800 million to open the manufacturing plant.
Hoymiles introduces quad-module three-phase solar microinverter
The company announced the North American launch of its inverter, which is designed for commercial and industrial installations.
Enphase stock slides on weakened demand, significantly lowered Q4 guidance
U.S. revenues dropped 16% from the previous quarter while European sales fell 34%.
American Battery Factory breaks ground on $1.2 billion Arizona gigafactory
The lithium-ferro-phosphate battery cell factory will provide an estimated 1,000 jobs to the Tucson, Arizona area.
Sunnova misses on Q3 earnings, posts sunny forecast for 2024
The energy-as-a-service provider had more losses than the expected consensus, but its stock rose based on an optimistic view for 2024.
Organic flow battery developer nets $106 million growth investment
CmBlu received funding to scale its long-duration energy storage systems.
Using rocks as heat batteries for renewable energy storage
Sandia National Laboratories and CSolPower are researching the use of landscaping gravel as a thermal energy storage medium.
California 200 MW / 400 MWh battery storage project nets $60 million credit facility
First Citizens Bank put forth the financing for the project, located in Imperial County.
Powin and Hitachi Energy form strategic alliance for power control systems
Hitachi Energy will take majority ownership in eks Energy, a power electronics and energy management solutions provider.
