AI-based solar service provider enters largest U.S. market
Otovo, a European solar operations and maintenance service firm headed by former Sunnova CEO, enters California residential market with acquisition of Solar Service Professionals.
California introduces bill to legalize plug-in balcony solar
The legislation would reclassify small-scale solar devices as household appliances to bypass utility interconnection requirements and permitting fees.
Exus Renewables secures $400 million credit facility to fund 4.5 GW pipeline
The capital will fund development expenditures for solar, wind, and battery storage projects across North America.
Quilt launches 3-zone ductless heat pump for residential applications
U.S. startup Quilt has introduced a new three-zone ductless heat pump for residential use, offering independent temperature control across three areas with a single outdoor unit. The system uses R32 (difluoromethane) as the refrigerant and can reportedly achieved a coefficient of performance of 4.2 at 8 C.
T1 Energy completes $160 million sale of production tax credits
The transaction involves Section 45X credits generated from solar module manufacturing through December 2025.
Sunrun and HASI close $500 million distributed energy joint venture
The partnership aims to finance 300 MW of residential solar and storage capacity across 40,000 home power plants.
California reclaims authority to move stalled Soda Mountain solar project toward approval
The California Energy Commission recommended the approval of the Soda Mountain Solar Project, officially fast-tracking the long-delayed project that was stuck at the local level through a state-led permitting process.
Huawei, Sungrow lead Wood Mackenzie’s inverter market ranking
Wood Mackenzie’s first-half 2025 solar inverter ranking finds the top 10 leading inverter manufacturers have a 71% global market share.
Nofar USA wins bid to acquire solar assets of bankrupt Pine Gate Renewables
The $285 million acquisition of utility-scale assets follows a Chapter 11 filing by the major North Carolina developer as it navigates a restructuring process for its development pipeline.
Google acquires clean energy developer Intersect Power for nearly $5 billion
Google is set to acquire the solar and storage developer, arming itself with the tools to bypass grid bottlenecks and build the projects that will power its AI datacenters.
