Generac acquires microgrid controller specialist Ageto
The company previously known for generators and battery backup systems, moves further into the C&I market with the acquisition of Ageto.
$500 billion into solar in 2024
The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $3 trillion for the first time this year.
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.
Liquid metal battery storage specialist Ambri emerges from restructuring
After filing for Chapter 11 bankruptcy protection, the calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.
Sunrise brief: Nextracker posts 50% year-over-year revenue growth
Also on the rise: IEA PVPS certifies that floating PV systems have small carbon footprint. Students from University of Michigan win solar car race. And more.
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.
Aerosols from wildfires slash North American solar production
Throughout July, smoke from wildfires in Canada and the US West Coast significantly impacted irradiance across North America, while Hurricane Beryl and upper atmospheric conditions delivered unstable cloud cover across the central and eastern United States.
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.
Rethinking renewable energy control systems to create a smarter grid
New cloud computing technology can leverage industrial IoT protocols and extend the capabilities of SCADA with a software-first approach.
Sunrise brief: Senate committee approves bill to improve permitting of energy projects
Also on the rise: Bill aims to cut 45X tax credits for Chinese solar makers. Battery fire shuts down California highway. And more.
