First Solar posts a strong Q2, global operations to be 100% renewably powered by 2028
Another stalwart of the solar industry was able to take the necessary precautions in order to maintain some sense of normalcy during the pandemic, leading to a quarter of increased sales, net cash and a positive outlook to finish off the year.
Residential solar customers don’t want the cheapest system in a $20K investment – they want the best one
Customers are willing to pay a premium for a brand name with a strong warranty.
Q Cells to acquire energy software startup Geli, expanding its storage capabilities to go after C&I markets
The acquisition is Q Cells’ first energy storage acquisition and marks its move into the U.S. commercial and industrial (C&I) solar-plus-storage market.
SunPower survived shutdowns for a strong Q2
While supply chain and manufacturing disruptions will lead to shipping decreases in Q3, the measures that SunPower took prior to Covid’s disruption allowed for a strong quarter, with the company experiencing increases in installations and demand.
Solar Inventions looks to redefine cell architecture and save silver with award-winning tech
The winners of the first American-Made Solar Prize are wasting no time bringing their revolutionary product to market, one which promises to reduce silver, increase module power and save manufacturers up to $1 million annually.
Scratching the surface of LeTID
The mechanisms behind light-elevated temperature-induced degradation are still not fully understood, but it is known to cause significant performance losses for modules in the field. Scientists in China are investigating the causes of the phenomenon, and are currently focused on the surface of the materials and the interfaces between the silicon and passivation layers.
Enphase Q2 microinverter revenue down but notes a ‘rebound in customer demand’
Coming off of a strong, profitable first quarter, Enphase is seeing the Q2 results of Covid-19 in compressed revenue and a swing to a quarterly loss. Gross margin remains strong.
A residential vanadium flow battery
Flow battery firms have typically pursued utility-scale storage projects rather than the small-scale residential applications targeted by VoltStorage.
SolarEdge stock jumps on Q2 revenue beat and solid earnings — despite Covid-19
SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”
AES invests $8.6 million in startup to develop pre-fab solar arrays
AES, one of the world’s largest power companies, has made a strategic investment in Sydney-based pre-fabricated solar array manufacturer 5B to meet the growing needs of its customers for solar.
