Residential solar company SunPower stock crashes 70%
The company’s share price fell below $1 as it announced it is halting some operations and ending its lease and power purchase agreement offerings, among other actions.
Weak demand continues to exert downward pressure on solar module prices
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
First Solar probes potential infringement of TOPCon patents
First Solar says it is evaluating potential infringement of its patents for its tunnel oxide passivated contact (TOPCon) tech, secured through the acquisition of TetraSun in 2013. The US thin-film solar module manufacturer has not named the companies involved or given a timeline for the investigation.
More than half of California solar customers to include battery storage
Falling battery costs, shifting regulations and interest in energy independence are driving increased battery attachment rates on residential solar projects in California.
690 MW solar-plus-storage project in U.S. now operational in Nevada
Gemini is located thirty minutes outside of Las Vegas and with its 1.8 million solar panels, will power about 10% of Nevada’s peak power demand.
Tesla lands 15.3 GWh Megapack supply contract
Tesla has received a giant order from U.S. developer Intersect Power, equating to around 165% of the total battery energy storage systems it deployed in Q2 2024, which saw the highest quarterly deployment in the company’s history to date.
Sunrise brief: First Solar commissions 1.3 million square-foot R&D facility
Also on the rise: North American solar power purchase agreements rise 3% in Q2 Intersect Power closes $837 million in financing for three Tesla battery systems in Texas. And more.
Intersect Power closes $837 million in financing for three battery systems in Texas
Each project comprises 86 Tesla Megapacks and will provide a capacity of 320 MWh of battery storage with a two-hour duration.
North American solar power purchase agreements rise 3% in Q2
LevelTen Energy released its quarterly PPA Price Index Report, showing an increase in prices following a modest drop in Q1.
First Solar commissions 1.3 million square-foot R&D facility
The Jim Nolan Center for Solar Innovation in Lake Township, Ohio includes a high-tech pilot manufacturing line allowing for the production of full-sized prototypes of thin film and tandem PV modules.
