SolarEdge $590 million capital raise “expands the war chest,” said ROTH
A recent offering of 2 million shares at $295 arms the company with capital for “acquisitions and general corporate purposes.” Philip Shen, managing director, ROTH Capital Partners said in an industry note the offering was “well timed,” reiterating a buy rating.
EnergySage solar market report finds that as prices rise, customer choice expands
Despite slightly higher prices, findings show that buyers have myriad choices and strong preferences for paired modules/inverter; shoppers are interested in storage–where choices abound, but three stalwarts remain.
Making sense of solar supply chain issues
From duties to tariffs to COVID-19 and the Uyghur Forced Labor Prevention Act, a look at the supply chain issues threatening the solar module supply market.
LONGi releases Hi-MO 5 snow load test results, suggests module superiority
LONGi Solar has released the data of an inhomogeneous snow-load test. Its results show that its 72-cell solar modules held 1,800 pascals more force than a competing large format product using 210 mm cells.
Powin, Borrego reach storage system supply agreement
The agreement brings Powin to nearly 10GWh of Stack750 storage solutions under contract via supply agreements and other contracts.
Mitrex releases the Solar Brick–a solar-integrated building facade
Mitrex solar facades are being installed on a 7000 square feet area on a building in Canada, producing an estimated 90,000 kWh of power annually.
Cold weather EV bus from Canada
The Electrip by Letenda is a 30-foot bus with Cummins batteries and nearly 300kWh onboard.
The opportunities and challenges presented by large-format modules
The technology promises lower LCOE, drastic reductions in project costs, and reduced shipping costs, yet availability issues and the variance in form factors have contributed to limited field usage thus far.
SB Energy buys 1.5GW of First Solar modules
The procurement will help SB Energy to meet the demands of the company’s 4GW solar and storage development pipeline in the US.
On the floor at the RE+ Northeast Solar & Storage
Drones, honey, lidar, rock drills, and more were on the floor as northeast US focused vendors showed off their products in Boston.
