Also on the rise: Clean hydrogen set for commercial liftoff by 2030. $50 billion solar land boom in Texas. And more.
Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage expands, and lower natural gas prices stabilize major markets in the U.S.
As a global company that specializes in electrification and automation, ABB’s acquisition of Lumin and Gamesa Electric’s inverter and converter segment, expands its repertoire serving the buildout of clean energy technologies.
The acquisition of P4Q brings Kinematics expertise in full-stack electronics, including its tracker controls brand, Suntrack.
2025 will be a turning point for the U.S. solar industry, according to the industry leaders who shared their predictions with pv magazine USA.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Lumio filed for Chapter 11 bankruptcy in September.
Also on the rise: The future of clean energy policies in a new Trump administration. Freyr battery jumps into solar manufacturing with acquisition Trina’s assets. And more.
The battery maker reports that acquiring the module manufacturing assets is the first step in its plan to build out a vertically integrated domestic manufacturing footprint that will next include a 5 GW solar cell facility.
Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.
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