Weekly Solar Earnings Recap: Array, Pineapple Energy and SMA Solar
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported fourth quarter or fiscal year earnings over the last week.
Sunrise brief: Tesla’s Solar Roof falls far short of expectations
Also on the rise: Canada outlines a plan that mirrors U.S. Inflation Reduction Act. Spade software ‘revolutionizes’ agrivoltaic design. And more.
Tesla misses its own expectations for Solar Roof deployments
Three years ago Tesla said it expected to install 1,000 solar roofs per week, which would have amounted to 156,000 Solar Roofs in that time period. Wood Mackenzie reports that only 3,000 have been installed to date.
Developer begins construction on 800 MW Illinois project with U.S. made components
The utility solar project is slated to reach commercial operations by fall of 2024, and when operational will be owned by the developer, Swift Current Energy.
Hitachi to supply converter stations to multi-state 2.4 GW power line
The transmission project is being upgraded to allow for the replacement of a legacy coal-fired generation facility with an 840 MW green hydrogen electrolyzer and energy storage facility set to enter operations by 2026.
Sunrise brief: North Carolina rulings dent rooftop solar value
Also on the rise: Over 500 MWh standalone battery storage facility enters operation in Texas. Connecticut commercial energy storage demand spurs government action. And more.
Spruce Power acquires residential solar portfolio across 10 states
The acquisition of SS Holdings 2017 brings Spruce’s contract base to over 72,000 systems.
BIPV window coating maker seeks DOE loan guarantee
Ubiquitous Energy, the Redwood City, California-based manufacturer, is seeking to raise over $100 million in Dept. of Energy loan funding to support the development a manufacturing facility.
Qcells announces new solar encapsulant facility in Georgia
Hanwha Advanced Materials Georgia will supply EVA encapsulant film to Qcells, supporting Qcells plans to develop a fully integrated solar supply chain in the USA.
New Leaf Energy sells 21 MW of community solar projects
Standard Solar acquires New Leaf’s solar project portfolio in New York and Massachusetts.
