Supply deal and finance for another 2.2 GWh of US batteries
Canadian Solar will supply its SolBank 3.0 battery systems to Aypa Power’s projects in California and Texas and finance has been secured to complete construction of a further 220 MW/440 MWh battery energy storage system in the Lone Star State.
William J. Berger steps down as CEO of Sunnova
Paul Mathews named as president and CEO of this struggling residential solar energy company, as it repositions to improve cash flow.
RFI alert: Partners sought for 107 MW of community solar projects
Groundswell seeks project developers, solar installers, O&M providers and others to partner on 200 kW to 500 MW community solar installations through its Southeast Rural Power program.
Tandem PV moves toward perovskite manufacturing with $50 million funding announcement
With a perovskite layer 200 times thinner than silicon and requiring just 10% of the energy needed to produce conventional panels, Tandem PV reports it will be able to reduce energy use during manufacturing.
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.
First Solar shares soar on release of Q4 and full-year 2024 earnings
The thin-film PV manufacturer sold a record 14.1 GW of modules resulting in sales increasing year-on-year, yet the company faces global policy uncertainty going forward.
Solid ground for uncertain times: Financing solutions for solar development
In an industry built on momentum, developers are finding new ways to unlock capital efficiently to avoid being hamstrung by the new uncertainty. Land can be the key.
First Solar cashes in on sale of Inflation Reduction Act tax credits
Generated from the manufacturer’s U.S. facilities, First Solar expects to receive gross cash proceeds of approximately $819 million upon the transaction’s completion.
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.
Freyr Battery rebrands as T1 Energy, relocates to Austin
After acquiring the U.S. manufacturing assets of Trina Solar, Freyr Battery rebrands as T1 Energy and continues plans to produce both solar modules and cells in Texas.
