The solar inverter provider’s announcement was made amid a Q3 earnings call with record revenues reported. October 26, 2022 Enphase Energy, a major provider of solar microinverters, held its Q3, 2022 earnings report, announcing record revenues of $634 million. The company operated with GAAP gross margins of 42.2%, net income of $114 million, and diluted …
Enphase to open several U.S. manufacturing lines Read More »
In a report that tracks solar funding through the first nine months (9M) of 2022, Mercom Capital said that $18.7 billion of corporate investments took place in the United States solar industry. The figure represented an 18% decrease from the $22.8 billion raised in 9M 2021. This total includes all venture capital funding, public market, …
U.S. corporate funding of solar reached $18.7 billion through nine months this year Read More »
VPPs represent an innovative way to efficiently use distributed solar and storage, offering savings and backup power to renters. In California, PearlX and Sunnova, among others, are launching services that connect renters with solar, backup energy storage, and bill savings. September 28, 2022 California multifamily renters will soon have access to a variety of services …
Virtual Power Plants (VPP) to unlock energy savings, backup power for renters Read More »
Government research suggests that residential solar prices increased by about 10¢/W in the second half of 2021, and are up 20¢/W in the first half of 2022. However, accounting for inflation, residential solar prices are flat or decreasing. September 28, 2022 Over the past two years, much of the United States has experienced double digit …
Residential solar pricing up an inch 2021, up a foot in 2022 Read More »
Odyssey Energy Solutions is an investment and asset management platform for distributed solar projects in Africa and Asia. September 15, 2022 Odyssey Energy Solutions raised $5.34 million to scale its investment and asset management platform for distributed renewable energy projects. The funding round was led by Equal Ventures. Participating investors included Twelve Below, Abstract Ventures, …
Emerging market distributed renewable energy platform raises $5 million Read More »
Please keep your arms and legs inside the vehicle at all times, the solar coaster is about to move. With the signing of the Uyghur Forced Labor Prevention Act in November 2021, the Auxin Solar petition to the U.S. Department of Commerce and subsequent investigation launched in March 2022, and the $1.75 trillion Build Back …
Investing in uncertain times: Evaluating the solar supply chain Read More »
Solar installers use the Aurora solar platform to acquire leads and to help streamline the sales process. September 6, 2022 Aurora Solar, a cloud-based platform that uses computer vision and machine learning algorithms to streamline the process of selling solar, just reached the milestone of having designed 10 million solar sites. These sites have the …
Aurora Solar platform achieves 10 million site milestone Read More »
Sustainable Development Capital, LLC Energy Efficiency Income Trust plc will provide the financing to accelerate the deployment of battery energy storage systems across the United States and Canada. August 17, 2022 Sustainable Development Captial (SDCL) Energy Efficiency Income Trust (SEEIT) was the first UK listed company of its kind to invest exclusively in the energy efficiency …
New Mexico-based Array Technologies is keen to emphasize the revenue benefits of buying Spanish rival STI Norland and said US President Joe Biden’s Inflation Reduction Act would also be good for business. August 11, 2022 From pv magazine global The acquisition of Spanish solar tracker maker STI Norland by Array Technologies saw net losses for shareholders in …
Net losses triple at US tracker maker after acquisition Read More »
FranklinWH announced that both Mosaic and Goodleap will be providing financing for its energy storage systems. The US-based company’s residential whole energy storage system the Franklin Home Power system debuted in January of this year and integrates its lithium iron phosphate “aPower” battery with its aGateX intelligent control system. The 13.6 KWh battery is compatible …
FranklinWH announces additional financing for its home energy storage solution Read More »
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