The electrical balance of systems company’s gross margins shrank, leading to a net loss of $9.8 million. It has an ongoing legal case in which it is seeking damages from a wire insulation provider.
The two companies have signed a multi-part memorandum of understanding, and are planning a co-located facility at a site in Jackson, Tennessee.
Also on the rise: El Niño threatens U.S. winter solar generation. Sunlight Financial struggles for survival. And more.
Researchers at the University of Tennessee found that operational and contracted utility-scale solar installations in the state will require up to nearly 15,000 acres of land. To meet Tennessee Valley Authority’s goal of adding 10 GW by 2035, another 100,000 acres of land will be needed.
A division of automotive aftermarket leader BBB Industries, TerrePower sets up shop in Tennessee where it can recycle over 125,000 solar modules a year.
Also on the rise: Hot topics at RE+ Southeast renewable energy conference. Electrification could cost California up to $50 billion if loads are not managed. And more.
In collaboration with MSS Steel Tubes USA, the operation will provide low-carbon steel components to support the company’s recent 3 GW multi-year agreement with Silicon Ranch for its projects in the Tennessee Valley and greater Southeast.
Also on the rise: Robots may help with the solar workforce challenge. Flipping the switch on the Vanderbilt I Solar Farm. And more.
Developed and owned by Silicon Ranch, the solar facility is a significant step by Vanderbilt University toward its goal to power its campus entirely through renewable energy and become carbon neutral by 2050.
Also on the rise: Solar project updates in California, Texas, Arkansas, Tennessee. Transferability, or selling tax credits, top of mind at SEIA Finance. And more.
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