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In case you missed it: Six big solar stories in the news this week

pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.

FTC Solar revenue jumps 58% in Q1

The solar tracker provider had strong quarter-over-quarter and year-over-year growth, posting $20.8 million in Q1, 2025.

First Solar lowers 2025 earnings expectations due to tariff challenges

The solar panel manufacturer’s stock declined roughly 10% following the release of its Q1 2025 report.

Schneider Electric announces facilitation of $1.7 billion tax credit transfers

Schneider Electric said it was able to streamline its process for tax credit transfers by collaborating with a range of different types of companies.

Nexamp secures $340 million refinancing for distributed solar portfolio

The developer and operator closed a $340 million private placement debt refinancing with PGIM Private Capital.

RFP Alert: Michigan Solar for All seeks low-income residential and community solar

Michigan is distributing nearly $9 million in grants for pilot projects for rooftop solar and residential-serving community solar projects 5 MW or under.

Danfoss signs a seven-year solar power purchase agreement

The electronics manufacturer reports that it will power all of its U.S. facilities with a PPA tied to the 270 MW Shakes Solar project in Texas, developed by Cypress Creek Renewables.

In case you missed it: Six big solar stories in the news this week

pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.

Enphase falls short on Q1 revenue, trims margin expectations due to tariffs

The solar microinverter and battery energy storage provider posted revenue of $356.1 million, falling slightly short of expectations.

Strata Clean Energy enters into 600 MWh battery storage tolling agreement with APS

Under the tolling agreement, Arizona Public Service (APS) can charge and discharge the system for energy as needed. In return, Strata will ensure the system’s capacity, reliability and efficiency.

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