Day: February 26, 2025

First Solar shares soar on release of Q4 and full-year 2024 earnings

The thin-film PV manufacturer sold a record 14.1 GW of modules resulting in sales increasing year-on-year, yet the company faces global policy uncertainty going forward. February 26, 2025 First Solar, a U.S. manufacturer of thin-film solar modules, reported fourth quarter earnings, missing Wall Street expectations. But income is up and sales are forecast to be …

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New study finds 65% self-generated power benefits Northern California homeowners most

A new study by Agile Electrification and the UC San Diego Design Lab finds 65% grid defection, where homeowners use self-generated power and rely less on the power grid, can save North Bay homeowners an estimated $150,000 over 20 years by reducing and stabilizing energy costs and protecting against future rate increases. The study demonstrates …

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Meta spurs 396-MW solar project development from Cypress Creek

Facebook parent company Meta has signed a landmark environmental attribute purchase agreement (EAPA) that will enable Cypress Creek Renewables to construct a 396-MWAC/505-MWDC solar facility in Texas, supporting the social media platform’s goal to match its operations with 100% clean and renewable energy. The new solar facility, Hanson Solar, will be owned and operated by …

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National Grid divests U.S. renewables business in $1.7 billion deal

Brookfield Asset Management agreed to purchase National Grid’s renewable energy business, including its utility-scale solar, onshore wind and battery-storage U.S. assets. February 26, 2025 National Grid will sell its U.S. onshore renewables business to Brookfield Asset Management for nearly $1.74 billion. The sale, which will go to Brookfield Renewable Partners and the Canadian investment firm’s …

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GameChange Solar deploys trackers on 2-kV pilot PV project

Intertek, an industry quality assurance provider, verified that GameChange Solar‘s Genius Tracker single-axis solar tracker system is compatible with approved components for operation of a solar project at 2 kV. Genius Tracker was installed on a 5-MW project in the Southeast operating with 2 kV electrical system. Credit: GameChange Solar The transition from 1,500 V …

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