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Despite revenue growth, Quick Mount PV to let 40 employees go and shutter California manufacturing

Despite strong revenue growth in the U.S., the racking company is abandoning its U.S. manufacturing (and rhetoric) to “create a globally diversified supply chain.” Quick Mount was acquired by Netherlands-based Esdec last year in a roll-up of U.S. racking companies.

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Morning Brief: What the heroin industry can teach us about solar power, plus Illinois community solar

Also in the brief: Joe Biden’s $2 trillion plan, APS details cause of battery fire and explosion

SunPower to launch 625 W shingled module

Group spinoff Maxeon Solar Technologies will produce the new Performance 5 modules with bifacial mono-PERC solar cells, made from large format eight-inch G12 wafers. The panels boast an efficiency of 21.2%.

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Breaking: Explosions at GCL polysilicon fab have reportedly taken down 10% of global production capacity

California-based investment banking group Roth Capital Partners has reported four flash explosions on Sunday and a fifth yesterday “working their way through the GCL facility across multiple systems in a chain-reaction-like sequence.”

Morning Brief: Trina launches 600 W solar module, Jinko hits 24.7% efficiency for n-type mono, Tesla tweaks PV price again

Also in the brief: Trump finalizes rollback of bedrock environmental law, how justice and climate change are inseparable

A closer look at Jinko’s 565 W to 585 W panel

The module – which measures 2,411 mm × 1,134 mm × 35 mm, weighs 31.1 kg and features 156 p-type monocrystalline cells – is available in five versions with power outputs of 565 W to 585 W and efficiencies of 20.6% to 21.4%. Jinko says the Pro Tiger series will become the company’s main revenue stream in 2022, surpassing the Tiger 475 W panel.

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Solar and storage venture capital and finance roundup

Plus a bunch of investments in carbon capture.

Morning Brief: Duke, Dominion abandon pipeline, Berkshire Hathaway buys $10B of gas assets from Dominion

Also in the brief: Tepco to reuse Chinese EV batteries for energy storage, end of Chinese dam-building era,

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Canadian Solar joins the 500 W-plus panel club

The Chinese-Canadian company has unveiled a range of high-power modules which are set to go into mass production by early next year. The series includes a commercial and industrial rooftop-dedicated product offering a reported 405 W.

Record shipments push global solar PV inverter market past $9 billion in 2019

The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.

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