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Markets & Policy

Sunnova subsidiary files for bankruptcy protection

The residential solar company has been in a downturn for more than a year, with earnings misses, layoffs, changes in leadership and cancellation of a $3 billion loan guarantee.

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Rhode Island weighs bills to quash solar incentives, net-metering

Rhode Island lawmakers introduced legislation to place a moratorium on net metering contracts, heat pump subsidies and long-term contracts for purchasing renewable energy, and to repeal the Renewable Energy Growth Program.

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U.S. installs 4.4 GW of utility-scale solar in Q1 2025, retracting about 30%

The United States also installed a record 1.6 GW of grid-scale energy storage in the first quarter of 2025, according to a report from the American Clean Power Association.

Tariffs spell harm to U.S. solar and energy storage industries

A recent Wood Mackenzie report examines two possible tariff scenarios and concludes that costs will skyrocket for both utility-scale solar development and battery energy storage systems.

Department of Energy axes $3.7 billion in clean energy demonstration funding

DOE said the projects “failed to advance the energy needs of the American people.”

Meyer Burger files for insolvency, lays off over 900 workers

Germany solar manufacturer ceased operations at three subsidiaries, including its new module production facility in Arizona.

Clean energy bill breezes through Hawaii State Legislature

The leading state for residential solar-plus-storage systems passed a bill to further increase its rooftop solar and battery storage installations.

In case you missed it: Six 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.

Net metering faces uncertainty in Maine

The Maine Legislature’s committee voted in favor of a bill that deems front-of-the-meter projects ineligible for net-energy billing.

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Sunnova’s saga continues with canceled $3 billion loan guarantee

The loan agreement from the Energy Department’s Loan Programs Office was to support Project Hestia, a model that Sunnova has since moved away from in favor of power purchase agreements.

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