First Solar misses on Q3 revenue, lowers 2025 guidance
The U.S. thin-film solar manufacturer posted revenues roughly 18% short of Wall Street consensus expectations.
Swing states host nearly half of new U.S. clean energy manufacturing
A change of Presidential administration could threaten billions of dollars in investment and thousands of jobs in critical swing voting states, which host 48% of announced clean energy manufacturing investments.
Bluetti launches new ESS with up to 154.8kWh of storage
U.S.-based Bluetti has developed a new energy storage system (ESS) that offers up to 154.8 kWh of storage and 60 kW of output by connecting up to three systems in parallel. It includes an inverter and a voltage controller with up to seven batteries.
Trinasolar Evergreen unveils BIPV products for industrial, public use
Trinasolar Evergreen (Shanghai) PV Tech. Co., Ltd., a building-integrated photovoltaics (BIPV) unit of Trina Solar, has launched four new products for public, industrial, and infrastructure projects. Trina Solar aims to capture a share of the fast-growing BIPV market.
PV Hardware unveils solar tracker
The Spanish company said that its new tracker “is designed for maximum adaptability to any terrain.” It works with all PV modules.
BP completes takeover of Lightsource business
Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.
Sunrise brief: Crux announces over $3.1 billion in tax credits transferred
Also on the rise: Sunrun and New York utility embark on residential virtual power plant. U.S. solar factories: From announcements to reality. And more.
Sunrun and New York utility embark on residential virtual power plant
In coordination with Orange and Rockland Utilities, the VPP program makes 300 solar-plus-storage systems available for grid stability.
Tribal fund will support predevelopment costs for 2 GW to 6 GW of solar on tribal lands
A tribal clean energy fund has raised $30 million to fund predevelopment costs for solar projects on tribal lands. Meeting predevelopment milestones will enable tribal communities to apply for federal loan support to complete the projects.
Over $3.1 billion in tax credits for solar, storage, and hybrid projects transferred
Crux’s latest Q3 2024 market update reveals large project tax credit premiums, with significant volumes from energy storage and hybrid solar power plants – and even nuclear power in the mix.
