Also on the rise: Predictions for the solar energy landscape in 2025. Samsung launches monobloc air-to-water heat pumps. And more.
The solar and energy storage manufacturer will provide battery energy storage systems (BESS) for the Gaia and Midpoint projects as well as up to 2 GWp of solar panels.
Also on the rise: New solar tracker algorithm boosts captured energy on cloudy days. Canadian Solar posts Q3 net loss, falls short on revenue. And more.
The solar panel manufacturer and energy storage provider posted revenues of $1.51 billion and a net loss of $14 million.
The Sunlight Road Solar plant is now operational and will generate enough electricity to power approximately 11,500 homes.
Also on the rise: U.S. DOE allocates $325 million for community solar, battery storage in Puerto Rico. Japanese manufacturer Toyo Solar announces 2 GW panel factory in U.S.
Solarcycle will serve as Canadian Solar’s preferred recycling partner, with Canadian Solar’s customers now offered the option to secure recycling services at the time of purchase.
Also on the rise: Canadian Solar drops 15% post Q2 earnings report. Report shows U.S. states and utilities easing into EVs. And more.
The solar company logged $1.64 billion in revenue, down from $2.36 billion in the previous year’s Q2.
Basis Climate has closed its smallest IRA transferable tax credit deal to date, marking the end of an era dominated by million-dollar minimum tax credit transactions.
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