Solar Earnings Recap: SunPower, Sunrun and SolarEdge
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported quarterly or fiscal year earnings over the last week.
Ikea bets on Meyer Burger’s heterojunction solar modules
Between 2025 and 2029, the investment company of the Swedish furniture group will purchase solar modules produced in the U.S. by the Swiss photovoltaic manufacturer. The agreement is the basis for Meyer Burger to increase annual production capacity at its Arizona site to around 2 GW.
Sunrise brief: House votes to resume solar tariffs
Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA
Renogy debuts 220 W monocrystalline panel for RV and boat market
The off-grid power specialist launched a bifacial 220 W, 12 V monocrystalline solar panel for marine and recreational vehicle applications.
First Solar Q1 2023 revenue down, with investments in U.S. facilities taking precedent
Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
A new era for solar energy? Not without tackling these challenges first
Supply chain, tariffs, workforce, permitting and interconnection, and energy equity issues surround the rapid buildout of solar energy in the U.S.
Sunrise brief: Enel chooses Oklahoma for solar module and cell factory
Also on the rise: Oregon’s largest solar farm at 205 MW comes online. 106 MW regenerative agrivoltaic project at White Oak Pastures in Georgia. And more.
Enel finalizing site for 3 GW solar panel and cell factory in the U.S.
With Oklahoma as the leading candidate, the U.S. manufacturing site will start with 3 GW of production capacity, with plans to double to 6 GW.
Sunrise brief: New Jersey warehouse operator provides community solar access to 700 residents
Also on the rise: FEMA’s $13 billion for Puerto Rico’s grid could shift to solar if lawsuit succeeds. Lowe’s to install solar at 54 California locations. And more.
Most solar won’t qualify for Inflation Reduction Act hydrogen incentive, per IEA data
An analysis by the International Energy Agency puts solar’s lifetime emissions, manufacturing included, at a level that would earn only 25% to 33.4% of the IRA’s $3/kg hydrogen incentive
