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Finance

Solar inverter manufacturer financial stability ranking updated

The latest financial stability ranking of inverter manufacturers from Sinovoltaics lists Hoymiles Power Electronics, Eaton, Enphase, Kstar and Delta Electronics as the top five.

U.S. DOE announces $1.45 billion loan for Qcells solar panel factory

The Department of Energy announced a conditional commitment to loan Qcells for its Georgia factory producing solar ingots, wafers, cells, and panels.

Sunrun stock rises on strong cash generation in Q2 earnings

The residential solar and energy storage provider increased its battery attachment rates and net subscriber value of its customers.

Goldman Sachs invests $440 million in renewable independent power producer

The strategic investment in BrightNight will support the development of utility, commercial, and industrial solar and energy storage projects.

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Nextracker posts 50% year-over-year revenue growth

The solar tracker manufacturer increased its fiscal Q1 2025 revenue to $720 million, up from the previous year’s revenue of $480 million.

GIS and data platform raises $11 million to accelerate clean energy development 

Paces reports that its software streamlines the traditionally manual process of site selection and project due diligence by consolidating and interpreting spatial, zoning, permitting, interconnection, and environmental data.

Sunnova forges two new partnerships with home energy financers

The residential solar and energy storage “adaptive services” provider partnered with EV charging and home energy financers.

Sunrise brief: Tesla continues scaling up energy storage business in China

Also on the rise: WoodMac says global solar tracker shipments grew by 28% in 2023, MIT scientists optimize perovskite solar cell components, and more.

Sunrise brief: U.S. engineers develop ChatGPT algorithm to design solar cells

Also on the rise: How long do residential batteries last? California replacing nuclear with solar plus storage, and more.

Sunrise brief: A path to 20 GW of distributed solar in New York

Also on the rise: How long do residential solar inverters last? PV module manufacturer financial stability rankings, and more.

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