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Solar tracker provider Nextracker amps up its 2024 earnings guidance

The solar tracker and software provider’s share price increased 20% in the trading session following the earnings report.

Nextracker spin-off from Flex is complete

Tracker and solar solutions provider Nextracker is now its own entity.

Sunrise brief: How the IRA is changing the U.S. solar manufacturing landscape 

Also on the rise: Sunlight Financial files bankruptcy, acquired by industry consortium. California is curtailing more solar power than ever before. And more.

Nextracker announces split from majority holder, raises 2024 earnings outlook

Majority holder Flex plans to spin off its remaining interests in Nextracker. Plus, the company raised its earnings guidance for 2024.

Sunrise brief: New York announces largest state investment in renewable energy in U.S. history 

Also on the rise: California proposes “blatant seizure of property” in solar ruling. Panasonic unveils new residential heat pumps. And more.

Solar-plus-storage at site of decommissioned gas-fired plant in California

A ribbon cutting was held recently for the Daggett Solar + Storage plant, one of the largest operating hybrid facilities in the country.

Sunrise brief: U.S. energy storage deployments to exceed 10 GW this year

Also on the rise: Nextracker opens steel manufacturing facility in Las Vegas. Briggs & Stratton launches new lithium iron phosphate battery packages. And more.

Nextracker opens steel manufacturing facility in Las Vegas

The facility will produce steel for Nextracker’s solar mounts and tracking systems. Nextracker and Unimacts held an event to dedicate the new production line, which coincided with the RE+ 2023 conference, the largest energy trade show in the country, also in Las Vegas.

Nextracker unveils three next-gen solar racking products

The company released a hail stow-ready rack, a terrain following tracker and an irradiance-tracking yield optimizer.

Microsoft invests in 6.6 MW solar facility in Mississippi

Clearloop received an upfront payment for long-term renewable energy credits from Microsoft, a decarbonization investment in the Panola II Solar Farm.

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