Robust demand for transferable tax credits
During pv magazine USA Week, Crux co-founder and CEO, Alfred Johnson shared insights on the accelerating multi-hundred-billion-dollar transferable tax credit market.
Retrofitting batteries increases solar plant revenue 29% to 81%
In areas with high population density or abundant solar energy, adding one to four hours of battery storage to a solar power facility can significantly increase site revenue. However, the added value diminishes with storage capacities exceeding four hours.
Solar wins on cost
On Day One of pv magazine USA Week, a panel of experts explored the levelized cost of energy as well as current challenges to capacity expansion.
Sunrise brief: First Solar misses on Q3 revenue, lowers 2025 guidance
Also on the rise: ESS uses iron flow battery deployments to adapt to new customer requirements. ESIG calls for adopting standards for transmission-connected renewables, storage. And more.
Solar tracker manufacturer Nextracker reports 29% year-on-year growth
The U.S. manufacturer of sun-tracking solar mounts posted $1.35 billion in revenue for the first half of fiscal year 2025.
Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA
The International Energy Agency’s (IEA) latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolyzers, and heat pumps will rise from $700 billion in 2023 to more than $2 trillion by 2035.
First Solar misses on Q3 revenue, lowers 2025 guidance
The U.S. thin-film solar manufacturer posted revenues roughly 18% short of Wall Street consensus expectations.
ESS uses iron flow battery deployments to adapt to new customer requirements
Oregon-based company said iron flow batteries can be a “fast response” storage technology.
ESIG calls for adopting standards for transmission-connected renewables, storage
“Too few entities” in the U.S. have adopted a global standard for transmission-connected solar, wind and storage projects that would prevent future large-scale grid disturbance events, says a brief from the Energy Systems Integration Group (ESIG).
Swing states host nearly half of new U.S. clean energy manufacturing
A change of Presidential administration could threaten billions of dollars in investment and thousands of jobs in critical swing voting states, which host 48% of announced clean energy manufacturing investments.
