Intersect Power places order for 2.4 GW of First Solar modules
A long-time customer of First Solar’s, Intersect Power is expected to be one of the largest buyers and operators of First Solar technology by 2027.
Solar investment tax credit to be extended 10 years at 30%
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
Borrego spin off, ECP, rebrands as New Leaf Energy
Solar and energy storage development business to operate as New Leaf Energy, an independent arm of ECP focused on distributed generation and utility-scale projects in the US.
Sunrise brief: Democrats reach $370 billion energy and climate deal in reconciliation bill
Also on the rise: White House announces solar initiatives to reduce electricity bills, create clean energy jobs. Solar powered lawn mowing. And more.
Manchin and Democrats reach $370 billion energy and climate deal
Senator Joe Manchin (D-WV) announced his support for a new reconciliation package named the Inflation Reduction Act of 2022, which includes billions in spending for clean energy.
Universal Solar to open 600 MW solar module factory in Panama
The US module provider said the panels produced at the facility will be 100% compliant with the US Commerce Department’s Withhold and Release Order on Hoshine silicon.
White House announces solar initiatives to reduce electricity bills, create clean energy jobs
The Biden-Harris administration launches low-income energy assistance program and funding to support careers in solar energy in underserved areas.
EnergySage adds solar financing for businesses
The informational site partnered with Sunstone Credit to link commercial customers with solar financing options.
LG Energy Solution plans to boost revenue through joint ventures, batteries, smart manufacturing
In the Q2 earnings call, LG reported a drop in revenue from Q2 2021 but aims to achieve double-digit profit margin in five years.
Enphase delivers robust Q2 revenues backed by its IQ8 solar microinverter
The company issued strong guidance for Q3 as its revenues and earnings per share beat estimates.
