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People on the Move: IREC, Foley Hoag, Powin, TeraWatt and more

Job moves in solar, storage, cleantech, utilities, and energy transition finance.

Sunrise brief: Rooftop solar in Arkansas threatened by new legislation

Also on the rise: Energy storage market is shining, with corporate investment up 55%. Subway restaurants to install fast EV chargers. And more.

Energy storage funding up 55%, 28 companies acquired in 2022

Mercom Capital’s annual M&A report shows that energy storage, along with smart grid and energy efficiency, is getting significantly increased investment attention.

Growatt opens automated factory in Vietnam to produce batteries, inverters

Growatt has an expansion plan to achieve an annual production capacity of 500,000 units of inverters and 100,000 units of batteries to serve the growing U.S. market as well as other markets throughout the world. 

Appalachian solar developer and non-profit to bring 100 jobs to West Virginia

Following a recently announced award to the ACT (Appalachian Climate Technology) Now Coalition, the two entities will collaborate on strategies to recruit, train and employ local workers in the growing renewable energy industry in West Virginia and around the Appalachian region.

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Intersolar North America takeaways: Residential Storage and utility solar O&M improvements

 The event, which is dedicated to advancing the clean energy transition, featured four keynote addresses, hundreds of exhibiting companies, the third annual Solar Games installer competition, and valuable distributed energy panel sessions and networking opportunities.

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People on the Move: Big Sun Solar, FranklinWH, NextEra and more.

Job moves in solar, storage, cleantech, utilities, and energy transition finance.

Sunrise brief: SolarEdge announces record revenues in 2022

Also on the rise: The IRA will unleash community solar markets. Saltwater flow battery added to solar-on-canal project. And more.

SolarEdge announces record revenues in 2022

SolarEdge revenue was $3.1 billion in 2022, up 58% year over year from 2021. The company expects revenues for Q1 2023 to be within the range of $915 million to $945 million, continuing its profitable growth momentum.

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Enphase and Lumio expand U.S. microinverter, storage partnership

The strategic relationship with Lumio will amplify the impact and distribution of Enphase Energy Systems, providing homeowners more access to sustainable and grid-independent power sources.

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