The company shipped 6.9 GW of solar modules, coming in ahead of expectations for the quarter. Canadian Solar (Nasdaq:CSIQ) announced its financial results for Q1 2025, posting net revenues of $1.2 billion in-quarter, about a 10% decline year-over-year for the quarter. Revenue came in at the higher end of the company’s expected range of $1 …
Canadian Solar secures $1.2 billion in revenues in Q1, 2025 Read More »
The company secured record fiscal year Q4 revenues in 2025, growing 26% year-over-year to $924 million. U.S.-based solar tracker manufacturer Nextracker (Nasdaq: NXT) announced its Q4 fiscal year (FY) 2025 revenues for the quarter that ended March 31, 2025. Despite ongoing market uncertainties related to clean energy tax credits and tariffs, the company delivered record …
Solar tracker provider Nextracker stock leaps on strong revenue beat Read More »
TerraForm Power, an affiliate of Brookfield Asset Management, closed on its acquisition of Sun Tribe Development, a mid-sized utility-scale solar and storage developer based in Virginia. With the transaction, TerraForm Power is initiating a new growth strategy, more than doubling its development pipeline to over 6,000 MW of solar and battery energy storage and strengthening… …
TerraForm Power completes acquisition of Sun Tribe Development Read More »
A proposed budget bill under consideration in the U.S. House of Representatives Ways and Means Committee could hamper future renewable energy development in the United States. Commenting on the draft budget reconciliation bill released by the U.S. House Ways and Means Committee, Wood Mackenzie principal analyst Sylvia Leyva Martinez said: “Many of the elements in …
Developers are adjusting strategies as energy arbitrage replaces ancillary services as the main revenue source in the Electric Reliability Council of Texas (ERCOT). Texas was once hailed as one of the most lucrative battery markets in the United States. But a sharp decline in revenues from both energy arbitrage and ancillary services over the last …
Battery analytics software company TWAICE recently unveiled more than 15 major product enhancements. One development highlight is the “Penalty Risk Assessment,” which helps operators avoid costly penalties by making state of charge (SoC) issues easier to understand and act on. Compared to often inaccurate battery management system (BMS) estimates, the new tool indicates when systems… …
Enphase Energy announced that homeowners in all of New York’s major investor-owned electric utility service territories who install Enphase IQ Batteries can now qualify to enroll in the NYSERDA New York Battery Incentive Program. Qualifying homeowners can receive an upfront payment of up to $6,250 through the program. Homeowners in the Central Hudson, ConEd, NYSEG,… …
New Enphase battery owners in NY can now receive up to $6,250 in incentives Read More »
Sungrow’s PowerTitan 2.0, has received both TM-2 approval and a Certificate of Approval (COA) from the New York City Fire Department. The certification allows for deployment of the lithium-ion system within New York City — one of the most safety-conscious and technically demanding urban markets in the United States. “This certification affirms that PowerTitan 2.0… …
Sungrow’s 5-MWh ESS approved for installation in New York City Read More »
A recent webinar from the Clean Energy Group unpacks how nonprofits can take advantage of the Inflation Reduction Act’s Direct Pay Provision. Nonprofits around the country are increasingly exploring solar and battery storage to power their operations and reinforce their role as community support hubs. Despite the clear resilience benefits, the upfront cost remains a …
Aerial View of Toledo Skyline with Solar Panels and River Integration. ID 336388164 © Nick Klein Ohio mayors are urging that solar projects in their cities be able to continue using the 2022 Inflation Reduction Act (IRA) Direct Pay provision, which has supported numerous solar projects in the state. They attest that without the tax …
Ohio mayors stump for IRA Direct Pay provision to install more solar Read More »
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