KORE Power raises capital from Siemens and Quanta for 6 GWh Arizona gigafactory
With initial output anticipated in late 2024, production at the KOREPlex gigafactory in Arizona is expected to double to 12 GWh of lithium-ion battery cells produced to meet expected market demand in energy storage and electric mobility applications.
Urban Racking to focus on rooftop solar canopies in U.S. metropolitan markets
The company’s first 46 kW solar canopy was recently deployed in Brownsville, NYC, and features a low 4.5% shading factor.
REC Silicon Q3 report reveals 24.7% dip in polysilicon sales
The company reports that disappointing earnings are the result of ongoing supply chain constraints affecting global shipments and order timing, indicating that it will pursue an additional price increase in 2023.
Altus Power increases portfolio by 100 MW, increasing revenue 51%
The commercial and industrial PV developer grew its portfolio over the last quarter by acquiring a 100 MW portfolio of assets in 5 states.
Solar tracker provider Array Technologies reports Q3 earnings surprise, chosen for 750 MW project
A 750 MW project in Ohio will make use of the company’s DuraTrack mounts. Plus, Array beats Q3 earning estimates.
FTC Solar reveals updated Voyager clamping system, posts Q3 results
The updated Voyager module clamp for attaching First Solar modules builds off the Slide and Glide, using a fastener to secure and ground modules to the rail.
SunPower adds 23k new customers and doubles earnings in record Q3
The residential solar and storage integrator continues to see more customers turning to solar as U.S. retail energy prices rise 14.3% year over year.
Brookfield Renewable highlights 10 GW, three-year solar, storage and wind project development pipeline
BEP’s three recent corporate acquisitions bring together close to 25 GW of development-stage assets.
Enphase to open several U.S. manufacturing lines
The solar inverter provider’s announcement was made amid a Q3 earnings call with record revenues reported.
U.S. corporate funding of solar reached $18.7 billion through nine months this year
Mercom Capital Group’s Q3 report shows 51 GW of solar projects were acquired over this period.
