Sunrise brief: Goldman Sachs invests $440 million in renewable independent power producer
Also on the rise: Global energy spending is set to surpass $3 trillion for the first time this year. Generac acquires microgrid controller specialist Ageto. And more.
Solar array installed for mission to Jupiter’s icy moon Europa
The Europa Clipper mission will send a craft the size of a basketball court to Europa, a moon considered a potential habitat for life.
Generac acquires microgrid controller specialist Ageto
The company previously known for generators and battery backup systems, moves further into the C&I market with the acquisition of Ageto.
Goldman Sachs invests $440 million in renewable independent power producer
The strategic investment in BrightNight will support the development of utility, commercial, and industrial solar and energy storage projects.
Liquid metal battery storage specialist Ambri emerges from restructuring
After filing for Chapter 11 bankruptcy protection, the calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.
U.S. startup develops 28%-efficient perovskite-silicon tandem solar module
PeroNova specializes in metal halide perovskite-silicon tandem solar cells made with its novel stability-enhancing interfacial treatment. It is targeting a range of applications including space and rooftop markets.
Sunrise brief: Nextracker posts 50% year-over-year revenue growth
Also on the rise: IEA PVPS certifies that floating PV systems have small carbon footprint. Students from University of Michigan win solar car race. 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.
Aerosols from wildfires slash North American solar production
Throughout July, smoke from wildfires in Canada and the US West Coast significantly impacted irradiance across North America, while Hurricane Beryl and upper atmospheric conditions delivered unstable cloud cover across the central and eastern United States.
Nextracker posts 50% year-over-year revenue growth
The solar tracker manufacturer increased its fiscal Q1 2025 revenue to $720 million, up from the previous year’s revenue of $480 million.
