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Transformer shortages: New bottleneck of the energy storage supply chain

Transformer shortages are taking their toll on battery energy storage system (BESS) integrators, as competition in the market intensifies.

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Sunrise brief: How the IRA is changing the U.S. solar manufacturing landscape 

Also on the rise: Sunlight Financial files bankruptcy, acquired by industry consortium. California is curtailing more solar power than ever before. And more.

California is curtailing more solar power than ever before

Curtailment, or deliberately reducing output, rises as solar generation exceeds available transmission capacity.

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Nextracker announces split from majority holder, raises 2024 earnings outlook

Majority holder Flex plans to spin off its remaining interests in Nextracker. Plus, the company raised its earnings guidance for 2024.

54,500 GW-miles of within-region transmission needed for a clean grid, says DOE

Within-region transmission must increase 64% by 2035 to enable a clean grid, says the U.S. Department of Energy. The study will support DOE’s potential designation of National Interest Electric Transmission Corridors.

Solar-equipped residential neighborhoods springing up across the U.S.

SunPower signs deals with four home building companies to bring sustainable homes to communities in eight states.

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Sunlight Financial files bankruptcy, acquired by industry consortium

Sunlight Financial, whose stock price has plummeted amid accumulating more than $500 million in underwater loans, has been acquired by a consortium led by Greenbacker Capital Management, Sunstone Credit, IGS Ventures.

How the IRA is changing the U.S. solar manufacturing landscape

At the pv magazine RoundtablesUS 2023, a group of four experts answer questions including how realistic it is to reduce our dependence on Chinese imports, what the challenges are for manufacturers in setting up shop in the U.S., how we fill in anticipated gaps in the U.S. supply chain, and more.

Duke Energy to build country’s first end-to-end 100% green hydrogen system in Florida 

The facility will be located at the utility’s DeBary solar plant, which has a 74.5 MW capacity.

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Sunrise brief: Canadian Solar to open 5 GW solar cell factory in Indiana

Also on the rise: Solar Energy Technologies Office supporting the buildout of a secure U.S. supply chain. Roadrunner Reserve energy storage system to be one of largest in Arizona. And more.

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