LG Energy Solution sees record profit in Q4
One of the leading global battery manufacturers, LG Energy Solution, announced an increase of 43% in revenue and nearly 60% in operating profit as it seeks to expand in North America.
Bipartisan group files to repeal solar tariff moratorium
The tariff reaches as high as 250% of the cost of solar components shipped from four Southeast Asian countries responsible for 80% of the supply of solar in the US.
Sunrise brief: Crafting a California community solar market
Also on the rise: Department of Defense maintains strong commitment to renewable energy. Longroad Energy begins construction of its largest solar-plus-storage project. And more.
Longi plans new 100 GW wafer plant, 50 GW solar cell factory in China
Longi Solar said it will invest approximately $6.6 billion in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.
SolarEdge ships battery cells to stationary energy storage market
The global inverter and storage manufacturer began shipping NMC pouches from its Sella 2, South Korea production line.
Hoymiles introduces lower-cost solar microinverters for U.S. market
The new series of microinverters can connect to up to four modules at once and contain two maximum power point trackers.
Trina Solar’s new 6.5 GW Vietnam wafer plant to exclusively supply U.S. market
Trina Solar said it will start operating a new 6.5 GW solar wafer factory in Vietnam from mid-2023 to exclusively supply the utility, commercial and industrial (C&I) segments in the United States, as well as the US residential solar market.
New electrolyzer to split saltwater into hydrogen
Scientists in China have developed a new way to split seawater into hydrogen without using a separate desalination process.
Growatt releases new battery for rooftop solar applications
Growatt’s new APX HV cobalt-free lithium iron phosphate (LFP) battery has a storage capacity of 5 kWh and a nominal voltage of 650 V.
Kayne Anderson Capital launches renewable energy index fund
With experience in the midstream oil and gas segment, Kayne Anderson is launching an index fund for listed renewable energy infrastructure companies.
