SunPower regains Nasdaq compliance, reports first profitable quarter in four years
After regaining Nasdaq compliance, the company announced its first profitable quarter in four years, though its financial results have not yet been audited.
Enphase Energy increases deployment of U.S.-made microinverters and batteries
Enphase reports that more than 6.5 million IQ microinverters and 50 MWh of IQ batteries made in the U.S. have been deployed, and it recently began shipping those with enhanced domestic content.
Enphase falls short on Q1 revenue, trims margin expectations due to tariffs
The solar microinverter and battery energy storage provider posted revenue of $356.1 million, falling slightly short of expectations.
Tesla Powerwall demand declines on negative sentiment toward Musk
A Roth Capital Partners survey of residential solar and storage installers revealed a market shift away from the leading home battery provider.
Residential solar declined 31% in 2024
Despite the down year, Wood Mackenzie forecasts the market to more than triple in size by 2035.
Sunrise brief: EPA seeks to “instantly terminate” $20 billion in clean energy grants
Also on the rise: California Energy Commission announces $55 million in funding to build out EV charger network. Enphase expands virtual power plant programs in U.S, Canada, Puerto Rico. And more.
Enphase expands virtual power plant programs in U.S, Canada, Puerto Rico
The VPP program enables Colorado, Puerto Rico and Nova Scotia residents who have Enphase’s IQ Batteries to “get paid to help the grid.”
Enphase full-year revenues down 42%
Enphase annual revenues declined amid an overall downturn in the residential solar market. The company improved its margins and significantly expanded U.S. manufacturing.
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.
