Top five solar inverter vendors accounted for 71% of shipments in 2022
Global inverter shipments increased to 330 GWac with Huawei, Sungrow, Ginlong, Solis, Growatt and GoodWe named as the top vendors.
Over 155 GW of U.S. solar manufacturing announced in one year
The U.S. has begun to reshore its energy supply chain one year after the passage of the Inflation Reduction Act.
Amogy eyes commercialization of zero-emission, ammonia-powered semi-truck
The company’s ammonia-to-power technology could present a solution to decarbonize the heavy-duty trucking sector.
Sunrise brief: Sunlight Financial challenged to sell $550 million in residential loans
Also on the rise: Nikola bags $58.2 million for hydrogen stations to fuel heavy-duty vehicles. How New York State can stay on track with green-grid goals. And more.
How New York State can stay on track with green-grid goals
The Office of the New York State Comptroller suggests streamlining three parallel processes to ensure a carbon-free grid by 2040.
Sunlight Financial challenged to sell $550 million in residential loans
Following the Federal Reserve’s interest rate hikes, the loan products of the residential solar finance company Sunlight Financial are at risk of being sold for a loss. This has led the firm to question its ability to continue operating.
Sunrise brief: Maxeon Solar to build 3 GW cell and module plant in Albuquerque
Also on the rise: An alternative to California’s proposed income-based fixed monthly utility bill charge, retired coal plant to be running on 100% hydrogen by 2045 and scientists explore aquatic effects of floating solar.
Maxeon Solar to build 3 GW cell and module plant in Albuquerque
The company will invest $1 billion in the TOPCon manufacturing facility, creating up to 1,800 highly skilled jobs.
EDF places order for up to 7 GW of U.S.-made Canadian Solar modules
Canadian Solar announced that production in its first U.S. factory was set to begin in late June. With a planned output of 20,000 modules per day, it expects annual production capacity to total 5 GW.
Sunrise brief: One of the largest U.S. solar projects secures $779 million financing
Also on the rise: Clearway to procure 2 GW of solar trackers from Nextracker, Boston mayor bans fossil fuel use in municipal buildings and a developer challenges Massachusetts town on solar zoning restrictions.
