February 2024 | Page 20 of 20 | San Diego's Top Solar Company

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. February 1, 2024 Nextracker, one of the world’s largest providers of solar mounts, tracking, and software, announced the financial results for its fiscal third quarter ended December 31, 2023. The company posted very strong results, with quarterly …

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Vesper Energy closes $590 million for 745 MW Texas solar project

Installation / By Staff

The company closed financing for a solar project that is expected to generate enough electricity for the equivalent demand of 160,000 homes. February 1, 2024 Vesper Energy, a solar project developer, owner and operator of utility-scale assets, announced the close of $590 million in financing for the development of a Texas solar project. The Hornet …

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How to combine residential heat pumps with PV, battery storage

Markets / By Staff

New research from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has shown that combining rooftop PV systems with battery storage and heat pumps can improve heat pump efficiency while reducing reliance on grid electricity. February 1, 2024 From pv magazine global Fraunhofer ISE researchers have studied how residential rooftop PV systems could be combined …

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Lithos technology reduces water use in lithium extraction

Markets / By Staff

Lithos applied for a $30 million DOE grant, which will help increase the facility’s capacity to sustainably process lithium hydroxide. February 1, 2024 Lithium producer Lithos Group LTD’s subsidiary Aqueous Resources LLC applied for a $30 million grant through the Department of Energy’s FedConnect program. The $150 million grant, to be awarded by the DOE’s …

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Crux raises funds as it builds market for transferable clean energy tax credits

Policy / By Staff

The $18.2 million in funding will help Crux grow its team and scale the volumes of annual transferable credits into the billions, the company said. February 1, 2024 Crux, a sustainable finance technology company has raised $18.2 million in Series A funding, bringing its total funding to over $27 million. The company was founded in …

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Sunrise brief: Bipartisan Senators request increased tariffs on solar imports from China

Installation / By Staff

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Month: February 2024