October 30, 2024 | San Diego's Top Solar Company

Solar tracker manufacturer Nextracker reports 29% year-on-year growth

U.S.-based solar tracker manufacturer Nextracker (Nasdaq: NXT) posted its earnings through the first half of fiscal year 2025, reporting significant growth and a strengthening balance sheet. Nextracker secured $1.35 billion in revenue through 1H FY 2025, representing 29% year-over-year growth. Fiscal year 2025 Q2 revenue increased 11% year-over-year to $636 million. The company’s adjusted EBITDA grew …

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First Solar misses on Q3 revenue, lowers 2025 guidance

Finance / By Staff

The U.S. thin-film solar manufacturer posted revenues roughly 18% short of Wall Street consensus expectations. October 30, 2024 U.S. headquartered solar panel manufacturer First Solar released its Q3, 2024 earnings report. The company missed on expectations for revenue and moderately lowered its guidance for full year 2024 revenues. First Solar (FSLR) posted revenues of $887 …

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Leeward completes 179-MW Arizona solar project supporting Verizon

Industry / By Staff

Leeward Renewable Energy (LRE) has completed construction and reached commercial operation of its 179-MW White Wing Ranch solar project in Yuma County, Arizona. Verizon Communications has supported the development of White Wing Ranch through a long-term power purchase agreement. Completion of White Wing Ranch takes LRE’s operating fleet to more than 3.3 GW. The White …

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ESS uses iron flow battery deployments to adapt to new customer requirements

Installation / By Staff

Oregon-based company said iron flow batteries can be a “fast response” storage technology. October 30, 2024 Oregon-based flow-battery developer ESS Inc. says it is learning from its existing deployment projects to scale up and modify its long-duration energy storage (LDES) technology to meet a wider variety of requirements. The combination of safety inherent in its …

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3.1-MW solar project powers Lehigh University’s sports facilities

Industry / By Staff

Standard Solar completed a 3.1 MWDC solar project on Lehigh University’s Goodman Campus in Northampton, Pennsylvania. The company acquired the project from EDF Renewables, who developed the array and collaborated on its construction and completion. Standard Solar is the project’s long-term owner and operator. Credit: Standard Solar “As someone who grew up in the area, …

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Day: October 30, 2024