Energy storage manufacturer NeoVolta phase one approved for $250 million DOE loan
The company will now enter a technical due diligence phase.
FCC enhanced phone, text restrictions are the right call for solar sales
Consumer protection and phone sales regulation are a good thing, said EnergySage director of business development Erik Holvik.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organization says an additional 4 TW of solar capacity will likely be deployed by 2030.
Utility-scale solar tracker provider FTC Solar posts loss in Q3 earnings
The company posted a loss of $0.10 per share, narrowly missing Wall Street estimates.
2024 PV Trends: Global growth and challenges
Amid a backdrop of massive installations and evolving metrics, IEA-PVPS 2024 “Trends Report” encapsulates significant shifts in photovoltaic deployment across the globe, reflecting PV’s evolving role in energy systems and underscoring its capacity to meet global demands. The association explores the trends identified in the report, noting the milestones, regional dynamics, and the implications of increased PV penetration in energy grids worldwide.
Enphase Energy to cut 17% of workforce, shut down production in Mexico
Enphase Energy says it plans to restructure its operations, reducing its global workforce by 17% – about 500 employees and contractors – and closing its contract manufacturing site in Mexico.
Higher inventories weaken demand across global solar module markets
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Bankrupt solar installer Lumio acquired by Zeo Energy Corp.
Lumio filed for Chapter 11 bankruptcy in September.
SolarEdge posts $1.21 billion net loss in Q3
SolarEdge reported $260.9 million in revenue for the third quarter of 2024, down from $725.3 million in the same quarter last year. The Israeli manufacturer also posted an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications.
Are California’s electricity prices rising because customers are installing solar panels?
Electricity rates are rising in California. Utilities say rooftop solar is to blame. Grid expert and economist-at-large Ahmad Faruqui comments.
