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.
Canadian Solar to open 5 GW solar cell factory in Indiana
The company will invest $800 million to open the manufacturing plant.
Hoymiles introduces quad-module three-phase solar microinverter
The company announced the North American launch of its inverter, which is designed for commercial and industrial installations.
TotalEnergies adds a 280 MW solar facility to its portfolio
Myrtle Solar, located south of Houston, Texas will power Kilroy Realty assets and three of TotalEnergies’ production plants along the Gulf Coast.
Sunnova misses on Q3 earnings, posts sunny forecast for 2024
The energy-as-a-service provider had more losses than the expected consensus, but its stock rose based on an optimistic view for 2024.
Organic flow battery developer nets $106 million growth investment
CmBlu received funding to scale its long-duration energy storage systems.
Using rocks as heat batteries for renewable energy storage
Sandia National Laboratories and CSolPower are researching the use of landscaping gravel as a thermal energy storage medium.
Panasonic unveils new residential heat pumps
Panasonic has developed a new central heat pump system for residential space heating and cooling.
California proposes “blatant seizure of property” in solar ruling
The California Public Utilities Commission is set to vote on a virtual net energy metering program that would force renters to sell solar generation to the utility and buy it back at a higher rate, outlawing them from consuming their electricity directly.
Tesla steps in as challenger to rooftop solar inverter duopoly
Enphase and SolarEdge dominate the U.S. sales of rooftop solar inverters, but Tesla may change that.
