esVolta secures $110 million for 300 MWh battery project in California
The energy storage facility in San Jose will provide resource adequacy support to Pacific Gas & Electric.
Utility-scale solar tracker provider FTC Solar posts loss in Q3 earnings
The company posted a loss of $0.10 per share, narrowly missing Wall Street estimates.
Two Wisconsin solar projects financed through asset purchase agreement
The two sites, Good Oak and Gristmill, will be built by OneEnergy Renewables with handover to We Energies, Wisconsin Public Service Corporation and Madison Gas and Electric Company at commercial operations.
Enphase Energy to cut 17% of workforce, shut down production in Mexico
Enphase Energy says it plans to restructure its operations, reducing its global workforce by 17% – about 500 employees and contractors – and closing its contract manufacturing site in Mexico.
U.S. solar industry association at COP29
Leaders of the Solar Energy Industries Association are taking part in COP29 in Azerbaijan to offer guidance on how to responsibly manage the growing renewables industry.
Sunrise brief: Are California’s electricity prices rising because customers are installing solar panels?
Also on the rise: Addressing toxicity concerns in lithium batteries. Battery recycler wins $475 million loan from Department of Energy. And more.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Higher inventories weaken demand across global solar module markets
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Bankrupt solar installer Lumio acquired by Zeo Energy Corp.
Lumio filed for Chapter 11 bankruptcy in September.
Battery recycler wins $475M loan from Department of Energy
The loan will support Li-Cycle in further advancing a lithium-ion battery recycling facility in Rochester, in New York state, which may then become a source of battery materials.
