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Month: May 2024

The Solar Policy Scoop: May 2024

Colorado is working on revamping its community solar program to capture new IRA funds. California may require licensed electricians for energy storage retrofits and maintenanceSacramento, California The California Contractors State License Board approved a new rule that would prohibit licensed solar contractors from installing new battery storage capacity to existing solar systems or from performing …

The Solar Policy Scoop: May 2024 Read More »

Sunnova earnings dip, unrestricted cash grows as it mends balance sheet

Sunnova Energy International, a residential solar, storage, and adaptive services company, announced declining revenues and an increased focus on cash generation in its Q1 2024 earnings report. May 3, 2024 Sunnova Energy International, a provider of solar, energy storage, and home energy adaptive services, announced its Q1 2024 earnings, noting a continued decline in revenues …

Sunnova earnings dip, unrestricted cash grows as it mends balance sheet Read More »

Stem dips on Q1 earnings, announces new solar and storage asset software

Stem Inc, an AI-driven software provider for clean energy solutions, posted a 62% slide in revenues year-over-year while net losses grew. May 3, 2024 Stem Inc. announced its Q1, 2024 earnings, showing a decline in revenues and increasing losses. The AI-driven software provider for clean energy asset operations saw its stock price dip over 20% …

Stem dips on Q1 earnings, announces new solar and storage asset software Read More »

Voltaic Systems unveils battery monitoring system for offgrid PV applications

The U.S.-based PV system provider for infrastructure and industrial equipment without grid access has launched a battery health monitoring software module for its flagship Core Solar Power Systems product line. May 3, 2024 From pv magazine Global Voltaic Systems, a U.S.-based developer of solar PV systems for remotely-sited industrial and infrastructure equipment, has added monitoring …

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Sunrise brief: First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge

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Sunrise brief: First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge Read More »

First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge

The U.S.-headquartered solar panel manufacturer delivered revenues of $794 million, beating consensus estimates by about 10%. May 2, 2024 First Solar (Nasdaq: FSLR) reported its earnings for the first quarter ended March 31, 2024, exceeding Wall Street consensus expectations on both revenue and earnings per share. The major manufacturer of thin-film cadmium telluride solar panels …

First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge Read More »

Maine Solar Solutions to offer 30-year warranty covering components, labor

An installation by Maine Solar Solutions. Local solar installer Main Solar Solutions has introduced a 30-year solar component warranty, believed to be the first long-term warranty offering by a solar installer in Maine. “We understand that choosing to invest in a solar electric system is a significant decision for Maine homeowners,” said Sam Zuckerman, CEO …

Maine Solar Solutions to offer 30-year warranty covering components, labor Read More »

RP to distribute Huaxing solar cable and wire products to US market

Utility-scale distributor RP, formerly known as RPCS, will be the exclusive distribution partner of Huaxing Cable USA products to the United States. Huaxing of China offers lines of UL-certified conductors, PV wire, MV cable and concentric cable. “Between the policy tailwinds provided by the Inflation Reduction Act and soaring load growth projections, we see an …

RP to distribute Huaxing solar cable and wire products to US market Read More »

American Clean Power Association partners with Crux for future tax credit transfers

The American Clean Power Association (ACP) has teamed up with sustainable finance technology company Crux to make clean energy tax credit transfers more accessible to the clean energy industry. Starting May 2, ACP’s more than 800 member companies will be able to access discounted transaction fees on Crux’s platform.  Crux is changing the way clean energy projects are financed …

American Clean Power Association partners with Crux for future tax credit transfers Read More »

Crux extends tax credit transfer discounts and support to ACP members

A partnership between American Clean Power Association and Crux enables its 800+ members to save on transferable tax credits transaction fees as well as to access to programming and insights developed by the tax credit specialist. May 2, 2024 The American Clean Power Association (ACP) announced a partnership with sustainable finance technology company Crux to …

Crux extends tax credit transfer discounts and support to ACP members Read More »

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