Lumio filed for Chapter 11 bankruptcy in September.
The loan will support Li-Cycle in further advancing a lithium-ion battery recycling facility in Rochester, in New York state, which may then become a source of battery materials.
SolarEdge reported $260.9 million in revenue for the third quarter of 2024, down from $725.3 million in the same quarter last year. The Israeli manufacturer also posted an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications.
Electricity rates are rising in California. Utilities say rooftop solar is to blame. Grid expert and economist-at-large Ahmad Faruqui comments.
A federal partnership program will offer financial and technical assistance to remote and tribal communities that are at any stage of microgrid planning or development.
As we strive for an equitable and sustainable energy future, addressing safety and toxicity challenges are driving the search for innovative, lithium-free battery technologies that can offer comparable performance without compromising safety or environmental impact.
Also on the rise: Pennsylvania queued solar projects would increase total capacity 18x. Hail-prone Texas solar project cuts insurance costs 72%. And more.
Analysis by LandGate shows that Pennsylvania has 562 MW of solar power operating, with 10,469 MW waiting in queues.
A case study by kWh Analytics demonstrated the value of building a resilient, weather-hardened solar facility.
On Day Three of pv magazine USA Week, four solar experts explored these forces while taking a deep dive into what the domestic manufacturing landscape looks like and what we can expect in the near future.
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