Enphase Energy says it plans to restructure its operations, reducing its global workforce by 17% – about 500 employees and contractors – and closing its contract manufacturing site in Mexico.
Leaders of the Solar Energy Industries Association are taking part in COP29 in Azerbaijan to offer guidance on how to responsibly manage the growing renewables industry.
Also on the rise: Addressing toxicity concerns in lithium batteries. Battery recycler wins $475 million loan from Department of Energy. And more.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Lumio filed for Chapter 11 bankruptcy in September.
The loan will support Li-Cycle in further advancing a lithium-ion battery recycling facility in Rochester, in New York state, which may then become a source of battery materials.
SolarEdge reported $260.9 million in revenue for the third quarter of 2024, down from $725.3 million in the same quarter last year. The Israeli manufacturer also posted an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications.
A federal partnership program will offer financial and technical assistance to remote and tribal communities that are at any stage of microgrid planning or development.
As we strive for an equitable and sustainable energy future, addressing safety and toxicity challenges are driving the search for innovative, lithium-free battery technologies that can offer comparable performance without compromising safety or environmental impact.
Also on the rise: Pennsylvania queued solar projects would increase total capacity 18x. Hail-prone Texas solar project cuts insurance costs 72%. And more.
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