Sunrise brief: First Solar reports forced labor in supply chain
Also on the rise: Enphase releases solar products optimized for NEM 3.0. Nikola announces recall of battery electric vehicles, pauses sales after fire investigation. And more.
Enphase releases solar products optimized for NEM 3.0
The solar microinverter and battery energy storage provider released updates to its product suite to maximize returns under the new net metering rates regime in California.
Sunrise brief: NextEra has a 250 GW renewables pipeline
Also on the rise: Enphase delivers lowered revenue guidance, and Department of Energy announced $27 million for disadvantaged communities program.
Enphase lowers revenue guidance as U.S. residential solar stagnates
The microinverter provider is slipping in share price as revenues dip. It announced a $1 billion stock buyback program.
Biden hails clean energy investments at new Enphase manufacturing site
President Biden delivered a speech celebrating the $500 billion in recent private investment in U.S. manufacturing. Solar inverter manufacturer Enphase announced its first shipments from a U.S. contract manufacturing facility, owned and operated by Flex.
Optimus Energy eyes commercial solar, EV charging expansion in Georgia
The Florida-based developer sees Georgia Power’s service territory as its target market for new commercial and industrial solar projects and EV charging systems.
Enphase launches IQ Battery 5P residential battery in U.S., including Puerto Rico
The IQ Battery 5P works in conjunction with the Enphase Energy System and can be configured for self-consumption, savings, or full backup functionality.
U.S. solar installers list Qcells, Enphase as top brands
An industry survey led by SolarReviews and NABCEP found two-thirds of solar installers expect high electricity prices to drive demand.
Sunrise brief: Enel chooses Oklahoma for solar module and cell factory
Also on the rise: Oregon’s largest solar farm at 205 MW comes online. 106 MW regenerative agrivoltaic project at White Oak Pastures in Georgia. And more.
Enphase posts lower Q1 23 earnings, comments on NEM 3.0 market adaptation
Management sees NEM 3.0 changes as a net positive for California and expects strong demand for solar-plus-storage in coming quarters, with installers likely taking another four months of training for integrated systems.
