During the second quarter Enphase shipped over 1.2 million microinverters totaling 416 MW, which upped revenue 77% year on year, and swung net income from a loss of almost $3.7 million to a profit of $11 million.
The tech giant has signed a power contract for the output of First Solar’s 150 MWac Sun Streams 2 solar plant, bringing its total procurement of solar to nearly 500 MW – but none of these projects have been completed yet.
CALSSA says that a pending vote by the Contractors State License Board which could restrict most solar contractors from installing batteries could have “catastrophic” impacts on the state’s energy storage market.
For the second time in a month a fossil fuel-fired power plant in California is set to be replaced by a battery powered by a solar, including distributed solar. A small portion of the former plant will be retained.
The fourth-largest third-party solar company is now a public entity and while the results of its offering are only half of what it predicted, the stock bounced back on Friday.
Southern Company has partnered with esVolta in development of four energy storage projects totaling more than 86 MW / 345 MWh located in California.
A federal judge has given California officials until August 7 to review third-party proposals for the revival, reconstruction and potential takeover of Pacific Gas And Electric. The maligned utility filed for Chapter 11 bankruptcy in January, facing roughly $30 billion in wildfire-related insurance claims.
The Norwegian polysilicon supplier – which has most of its manufacturing operations on U.S. soil – cannot give any estimate on when its production of polysilicon for solar will return, and has been left entirely dependent on the semiconductor products made by its Montana facility.
Corporations are buying up batteries and investing in their companies like it’s going out of style.
NextEra has announced a power purchase agreement with Western Farmers Electric Cooperative for a combined 250 MW wind farm, 250 MWac solar farm, and 200 MW / 800 MWh of energy storage in Oklahoma.
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