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Nikola announces recall of battery electric vehicles, pauses sales after fire investigation

The company said the voluntary recall will not affect its hydrogen fuel cell electric vehicles currently in production, as they have a different design.

Sunrise brief: Over 155 GW of U.S. solar manufacturing announced in one year 

Also on the rise: Top five solar inverter vendors accounted for 71% of shipments in 2022, U.S. startup to produce perovskite glass for tandem modules and Amogy eyes commercialization of zero-emission, ammonia-powered semi-truck.

U.S. startup to produce perovskite glass for tandem modules

Caelux secured series A funding to deploy perovskite glass that can be integrated with existing solar manufacturing processes to boost module efficiency.

Top five solar inverter vendors accounted for 71% of shipments in 2022

Global inverter shipments increased to 330 GWac with Huawei, Sungrow, Ginlong, Solis, Growatt and GoodWe named as the top vendors.

Over 155 GW of U.S. solar manufacturing announced in one year

The U.S. has begun to reshore its energy supply chain one year after the passage of the Inflation Reduction Act.

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Amogy eyes commercialization of zero-emission, ammonia-powered semi-truck

The company’s ammonia-to-power technology could present a solution to decarbonize the heavy-duty trucking sector.

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Sunrise brief: Sunlight Financial challenged to sell $550 million in residential loans 

Also on the rise: Nikola bags $58.2 million for hydrogen stations to fuel heavy-duty vehicles. How New York State can stay on track with green-grid goals. And more.

How New York State can stay on track with green-grid goals 

The Office of the New York State Comptroller suggests streamlining three parallel processes to ensure a carbon-free grid by 2040.  

Sunlight Financial challenged to sell $550 million in residential loans

Following the Federal Reserve’s interest rate hikes, the loan products of the residential solar finance company Sunlight Financial are at risk of being sold for a loss. This has led the firm to question its ability to continue operating.

Nikola bags $58.2 million for hydrogen stations to fuel heavy-duty vehicles

The largest of the grants is $41.9 million from the California Transportation Commission, along with California Department of Transportation, to build six refueling stations for heavy-duty hydrogen fuel cell trucks in Southern California.

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