Day: January 15, 2025

McLaren Applied Group completes acquisition of solar inverter maker FIMER

Italian solar inverter designer and manufacturer FIMER has officially been acquired by MA Solar Italy Limited, affiliated with the McLaren Applied Group. The acquisition allows FIMER to conclude its restructuring process and reach a renewed financial solidity with more than $51 million in investment. This important development enables FIMER to now focus entirely on its …

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Five solar businesses added to forced labor list, banned from U.S. entry

The U.S. Department of Homeland Security announced the addition of 37 more businesses to the Uyghur Forced Labor Prevention Act (UFLPA), including five solar supply chain providers. Signed into law by President Biden in December 2021, the UFLPA places a ban on all solar product imports from the Xinjiang Uyghur Autonomous Region (XUAR) of China, …

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Model predicts solar to supply 50% of global energy demand by 2035

Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modeling tool that also predicts solar costs will continue falling by 10% a year. January 15, 2025 From pv magazine Australia A new climate modeling tool developed by the co-founder of Sydney-based software company OpenSolar forecasts a …

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kWh Analytics wins cash prize to develop tax credit insurance for DG solar projects

kWh Analytics announced it has been awarded $500,000 from InnSure’s Insurance Innovation Prize supported by the New York State Energy Research and Development Authority (NYSERDA). The funding will support the development of a tax credit insurance product tailored specifically for small-scale distributed generation (DG) renewable energy projects, addressing a critical market gap in renewable energy …

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BLM seeks public’s input for 700 MW solar, energy storage center in Arizona

The proposed Ranegras Plains Energy Center is a 700 MW solar facility and energy storage system in Arizona. January 15, 2025 The Bureau of Land Management (BLM) is seeking public input for a 700 MW solar facility and battery energy storage system in southwestern Arizona proposed by Savion. The proposed facility, Ranegras Plains Energy Center, …

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Green Lantern Solar turns gravel pit into 500-kW solar project

Renewable energy developer Green Lantern Solar completed construction of the Brighton Solar Project in Brighton, Vermont, and has sold the array to Sea Oak Capital. Credit: Sea Oak Capital The project, sited on a closed portion of a family-owned gravel operation, turned otherwise unproductive land into a clean energy source. The 500-kWAC solar project serves …

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ITC terminates Sec. 337 investigation between Shoals and Voltage, finding no fault

The U.S. International Trade Commission (ITC) has decided to terminate the Sec. 337 of the Tariff Act of 1930 investigation between Shoals and Voltage, concerning solar panel connector products. The ITC has determined Voltage did not violate Sec. 337 by importing connectors and wire harnesses that infringe on patents related to Shoals’ Big Lead Assembly. …

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Nextracker and UC Berkeley create solar energy research facility

Nextracker and the University of California Berkeley Engineering (UC Berkeley) formed a partnership aimed at advancing solar power plant technology to meet rising global energy demand. The collaboration will establish the CALNEXT Center for Solar Energy Research that will drive a research program and a planned state-of-the-art solar test field. Nextracker has contributed a $6.5 …

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Solar facility on Kentucky reclaimed coal mine now operational

The Martin County Solar Project was developed by Savion and Edelen Renewables on a 1,200 acre former mountaintop coal mine, employing over 300 during construction. January 15, 2025 Savion, a Shell Group portfolio company, announced that its 111 MW Martin County Solar Project in Martin County, Kentucky, started commercial operation. The solar facility is located …

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Sunder Energy to offer Savant smart electrical products

Savant is partnering with energy sales and installation network Sunder Energy to expand access to Savant’s Smart Electrical Panel in the United States. Sunder will also begin offering Savant’s scalable energy storage solutions as part of a comprehensive intelligent power management system. “Savant’s groundbreaking ecosystem for easy-to-use energy management will elevate Sunder’s smart power offerings to …

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