Nextracker posts 50% year-over-year revenue growth
The solar tracker manufacturer increased its fiscal Q1 2025 revenue to $720 million, up from the previous year’s revenue of $480 million.
IEA PVPS certifies that floating PV systems have small carbon footprint
Floating systems cause slightly more CO2 emissions than land-based solar systems, mainly because of the additional components for the structure. But overall, they also perform very well from a climate perspective.
Students from University of Michigan win solar car race
The eight-day Electrek American Solar Challenge 2024 created three new champion solar car teams with the student-run University of Michigan team coming in first, followed by Canada’s École de technologie supérieure and the Illinois State University solar car team.
Chinese solar cell prices fall amid oversupply
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.
Massive 900 MW solar project designed to preserve agricultural land
Brookfield Renewable Partners filed a notice of intent for a 900 MW solar project in Oregon that will be installed in ribbons along the edge of a field to allow for continued agricultural use of the land
Sunnova forges two new partnerships with home energy financers
The residential solar and energy storage “adaptive services” provider partnered with EV charging and home energy financers.
California state grant advances 2 GWh iron flow battery deployment plans
The Sacramento Municipal Utility District’s long-duration battery energy storage project in partnership with ESS Tech, Inc. has been awarded a $10 million grant from the California Energy Commission to demonstrate the capability of iron flow battery technology.
U.S. clean energy tax credit market to reach $25 billion in 2024
A mid-year report from tax credit marketplace Crux showed that deal volume is expected to come in higher than previously expected at $20 to $25 billion this year.
U.S. Bureau of Land Management advances over 6 GW of solar projects
Once complete, the projects would generate enough electricity to power roughly 2 million homes.
Reactive power management key to advancing grid stability
In its latest monthly column for pv magazine, IEA-PVPS provides a comprehensive overview of the state-of-the-art practices, best practices, and recommendations for managing reactive power amidst the growing integration of distributed energy resources (DERs). The article describes the regulatory frameworks and practical applications, underscoring the essential role of reactive power management in maintaining a stable and efficient power grid.
