Driven by incentives in the Inflation Reduction Act, CubicPV plans to establish 10 GW of conventional mono wafer manufacturing capacity in the United States. The wafers produced by the new facility could fill a void in the domestic supply chain as well as create 1,500 new direct jobs. June 13, 2023 CubicPV announced that it …
CubicPV receives $103 million commitment for U.S. wafer manufacturing Read More »
Job moves in solar, storage, cleantech, utilities and energy transition finance. June 7, 2023 Aurora Solar announced the appointment of Matthew Idema as president and chief operating officer. In this role, Idema will lead Aurora Solar’s global go-to-market and business operations, including sales, customer success, marketing, business development, program management and data analytics. Most recently, …
People on the move: Aurora, Endurans, EDP Renewables, and more Read More »
The global shift to clean energy is happening rapidly, with decarbonization efforts no longer a future prospect, but a reality of today. The annual World Energy Investment report from the International Energy Agency (IEA) shows that for every dollar invested in fossil fuels, $1.70 is invested in clean energy technologies. This marks a fast divergence …
Global investment in clean energy nearly doubles that of fossil fuels Read More »
Canadian Solar’s global module, battery and inverter solutions business is issuing 541 million shares, or 15% of 3.6 billion outstanding shares, at $1.17 per share (11.10 RMB) raising the equivalent of $848 million in proceeds. May 30, 2023 CSI Solar, which consists of Canadian Solar’s module, battery storage manufacturing, inverters, solar system kits and EPC …
CSI Solar announces initial public offering pricing on Shanghai Stock Exchange Read More »
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Sunrise brief: Polar Racking adds two U.S. solar mount manufacturing facilities Read More »
Home equity agreements offer a way to purchase solar and EV charging stations without taking on debt or monthly payments. A new partnership between QuantmRE and evNation provides this option. May 19, 2023 California-based evNation announced it has partnered with QuantmRE to provide a debt-free financing option for homeowners looking to install solar or electric …
No loan, no lease: Going solar via home equity agreement Read More »
The producer of Maxeon and SunPower brand solar modules is raising capital from a $157.4 million underwriting of shares and a separate $42 million private placement with TCL Zhonghuan. May 19, 2023 Maxeon Solar Technologies, a manufacturer of Maxeon and SunPower brand solar modules, priced a public offering of shares to raise $157.4 million in …
Maxeon raises $199.4 million in equity for IBC module manufacturing expansion Read More »
Canadian Solar, an integrated solar manufacturer and energy storage systems distributor, reported a record 6.1 GW of solar module shipments in Q1 2023, a 68% yearly increase over 3.63 GW of module shipments in Q1 2022. Canadian Solar manufactures solar modules in Canada, China, Indonesia, Vietnam and Brazil. Net revenues of $1.7 billion in Q1 …
Canadian Solar ships 6.1 GW of modules in Q1 2023 Read More »
The new funding commitment will provide expansion into additional markets nationwide for PosiGen, with a direct focus on serving households with high energy burdens who stand to benefit the most from transitioning to clean energy. May 15, 2023 PosiGen, a residential solar installer for low- and moderate-income families, has lined up a $250 million funding commitment …
PosiGen procures $250 million debt facility to fund energy communities projects Read More »
pv magazine USA recaps the top earnings reports and conference calls for public companies that supply solar modules, silicon wafer materials, inverters, hardware and energy storage systems to the North American renewable energy market, as well as integrated residential solar installation companies and rooftop solar finance providers. This report tracks quarterly and annual volumes of orders, …
Solar earnings recap: Tigo Energy, Nextracker and FTC Solar Read More »
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