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Finance

Sunrise brief: Nextracker delivers strong earnings amid market uncertainty

Also on the rise: Unleashing American Energy order will slow electric vehicle adoption in U.S. Solar Energy Industries Association calls for 700 GWh of U.S. energy storage by 2030. And more.

Indigenous people’s sustainability legacy empowered in Ontario solar initiative

The program offers citizens of the Métis Nation in Ontario, Canada a one-time, forgivable loan toward installing a rooftop solar system.

Nextracker delivers strong earnings amid market uncertainty

The solar tracker provider delivered $679 million in gross profits in its fiscal year 2025 Q3 earnings report.

Agrivoltaics business model analysis shows 16% to 43% return on investment

An analysis of sheep-raising and grazing costs indicates that breeding flocks yield higher overall profits, while purchasing and reselling a new flock each year may result in a higher return on investment due to reduced off-season upkeep costs.

Solar glass manufacturer incentivized to set up U.S. facility

Canadian Premium Sand received a $75 million tax credit allocation to re-purpose a former glass manufacturing site in the U.S. to produce pattern solar glass.

Greenbacker secures nearly $1 billion for New York’s largest solar project

The funds will support a 674 MW solar project developed by Hecate Energy.

Tribal-procured RECs retire at Pinterest

Renewable energy credits procured by Tribal-owned Seneca Environmental and retired on behalf of Pinterest will be used to offset home electricity use for work-from-home employees.

In case you missed it: Five 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.

Loan guarantee of $1.7 billion to help U.S. producer scale clean hydrogen

Plug Power seeks to scale up production, liquification and storage for fuel cell vehicles in transportation and logistics.

Republican Congress members support retaining clean energy tax credits

At least eight Republican Congress members voiced support for retaining tax credits created by the Inflation Reduction Act of 2022.

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