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Month: April 2023

First Solar Q1 2023 revenue down, with investments in U.S. facilities taking precedent

Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect. April 28, 2023 First Solar, a manufacturer of U.S.-made solar panels, posted $548 million in Q1 2023 revenue, …

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Suntuity expands residential solar network to cover 25 states

Suntuity Renewables announced its entry into several new residential solar markets. The company has refined its tech stack and partnership agreements to offer solar, storage, EV charging solutions and more in states across the country, including Ohio, Kentucky, Missouri, Georgia, South Carolina, North Carolina, Virginia, Arizona, Nevada and Minnesota. According to Suntuity CEO Dan Javan, …

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Multi-family housing developer looks to Mass. and Illinois for growth

High Impact Solar is planning on submitting applications for more than 65 projects for the anticipated Q3 2023 low-and-moderate income (LMI) communities adder, even though the developer has yet to see the application, founder John B. Wood said. April 28, 2023 High Impact Solar Solutions, an Irvine, Calif.-based solar developer for multi-family housing communities, sees …

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Sunrise brief: California proposes income-based fixed electricity charges

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Electricity from solar and wind surpasses coal generation in first two months of 2023

According to data from the U.S. federal government, solar and wind now provide more electricity in the United States than coal. Photo by Werner Slocum/NREL The latest issue of the U.S. Energy Information Administration (EIA)’s “Electric Power Monthly” report (with data through February 28, 2023) reveals that in the first two months of this year, …

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California proposes income-based fixed electricity charges

The Public Advocates Office (PAO) for the California Public Utilities Commission (CPUC) has released a proposal to add a monthly fixed charge on electric utility bills that is based on income level.   The rate change is designed to lower bills for the lowest-income residents, while aligning billing more directly with utility costs.  PAO’s recommendation …

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CPUC Ensures Energy Reliability for Santa Nella Community

The California Public Utilities Commission (CPUC) today took action to ensure energy reliability and customer choice in Santa Nella, a small community in the San Joaquin Valley. As a result of today’s decision, residents who otherwise stand to lose natural gas service will receive new energy service upgrades with the option for full-home electrification. SNME, …

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Former automotive glass plant to be refurbished to make glass for First Solar panels

Glass company Vitro has entered into an agreement to make glass for First Solar thin-film solar panels at Vitro’s architectural glass production line in Cochranton, Pennsylvania. Vitro will invest $93.6 million to rebuild and modernize the production line at its Meadville Plant. First Solar Series 4 production (Archive photo by Dennis Schroeder/NREL) “While much of …

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Sunnova doubles customer count in Q1 2023

The solar and energy-as-a-service company recorded more than 5,000 of new customers in Puerto Rico, representing its second highest market after California, where it added 5,512 new customers. April 27, 2023 Sunnova Energy International in its Q1 2023 earnings report today added 30,100 customers over the recent quarter across 1,376 dealers, a 96.7% year-over-year increase …

Sunnova doubles customer count in Q1 2023 Read More »

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