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Solar corporate financing nearly increases on last year, VC funding sees biggest rise of 466%.
leading 5 VC bargains this year were: US$ 800 million increased by California residential group Loanpal; US$ 250 million raised by solar software business
Oct 15, 2021 // Markets & Finance News, Mercom Capital Group, venture capital
SunPower's Q4 profits plummet as a result of cracked connectors charge
6.5 countless domestic EBITDA pushed into 2022 as a result of bad weather in California as well as COVID. "We were impacted by some price and accessibility pressure
Feb 17, 2022 // Residential, Markets & Finance News, USA, SunPower, financial results, North America, Maxeon, connectors, cracking
Tesla opens gigafactory in Germany
manager Elon Musk insisted on coming to Berlin from California for the main start of production of the first gigafactory in Europe. Simply outside the capital, in
Mar 24, 2022 // Manufacturing News, Transport, TESLA, Germany, Elon Musk, Europe
COVID lockdowns in China worsening solar and also energy storage shipping crisis
Ameresco proclaiming force majeure on a 2.1 GWh project under development in California as a result of delays in the transportation of lithium-ion batteries meant for
Apr 12, 2022 // Markets & Finance News, JinkoSolar, shanghai, covid-19, COVID, lockdowns, ningbo, port of shanghai
Amazon Announces New Renewable Projects of 3.5 GW Across the Globe
a 150 MW battery storage by Amazon. Similarly, the 150 MW solar project in California will likewise harbor 75 MW battery storage. With this, Amazon will take the
Apr 22, 2022 // Markets & Finance News, Rooftop PV, clean energy, Amazon, Renewable Energy, Solar Power, Wind Energy, Andy Jassy, RE portfolio
Convergent supplies three solar-storage projects in Maryland as state ups 2031 decarbonisation target
in Massachusetts, while in February it brought 60MWh of storage online in
Apr 29, 2022 // Storage, USA, solar-plus-storage, North America, Maryland, renewables integration, Convergent Energy + Power, Frank Genova
AES examining cause of thermal runaway at Arizona site
a statement from Mark Miller, AES Market Magnate and also General Manager for California who has gotten on site managing the response: " On Monday, April 18, smoke
May 5, 2022 // Storage, USA, Arizona, North America, AES, Salt River Project, thermal runaway
SEG Solar Acquires 2 GW solar module facility in Texas
California headquartered SEG Solar (SEG) has revealed that it has closed on the purchase of a production facility in Houston, Texas, U.S.A.. As per SEG Solar, this facility can generating greater than 2GW of photovoltaic (PV) modules each year. SEG Solar said that the plant contains around 145,000 square feet of manufacturing and warehouse space and 16,000 square feet of office space. The facility will certainly be outfitted with 3 production lines that will allow SEG to generate both TOPCON and high-efficiency N type PV modules with 182mm and 210mm solar cells. SEG Solar also means to source some components for the modules created at the manufacturing facility from regional distributors. The manufacturing at the Houston facility of SEG Solar is anticipated to start in the initial quarter of 2024. The accumulated total investment of SEG Solar in the facility is expected to reach over 60 million United States dollars including tools and facility enhancements. SEG Solar will certainly begin to move its international head office as well as management support features to the facility prior to the end of 2023. The plant is anticipated to produce as numerous as 500 new jobs in the local Houston location. " SEG is excited to develop a manufacturing base in Texas and also is anticipating serving the US market with even more residential manufacturing," said Michael Eden, VP and also CLO, SEG Solar. "This facility will certainly aid to sustain reduced carbon, eco driven energy independence in the United States for future generations." Founded in 2016, SEG is dedicated to offering affordable and reputable solar power services in the US market. By the end of 2024, SEG is anticipated to deliver greater than 2GW of PV modules every year. Fast expansion of renewable resource in the U.S.A. is happening as a result of the Inflation Reduction Act or Biden measures. American solar manufacturer CubicPV recently announced its plans to establish 10 GW of standard mono wafer capacity in the US. Likewise, PV Equipment (PVH) will certainly set up a big manufacturing unit in Texas to localise its products to provide for projects across North America and also the capacity of the new facility is expected to be 6 GW. JA Solar also has actually rented space for its first production facility in the US in Phoenix of Arizona. 2 GW once it is totally useful. First Solar is coming up with a 2GW facility in Arizona.
Mar 20, 2023 // Manufacturing News, USA, Texas, North America, solar module, SEG Solar
Main parking area at Six Flags Magic Mountain will certainly be covered with 12.37 MW of photovoltaic panels
Mountain setup, two additional parks-- 6 Flags Discovery Kingdom in Northern California and also 6 Flags Great Adventure in New Jersey-- have actually also
Apr 26, 2023 // Plants, Storage, Rooftop PV, USA, North America, Solar Optimum, DSD Renewables
Engie Starts 350-MW Hybrid Solar Storage Project Near Santiago Capital
will mount 245 560 photovoltaic modules on 2 311 NX Horizon trackers made by California-based Nextracker. Produced in a U.S. electric-arc furnace, the low-carbon
May 21, 2025 // Plants, Large-Scale, Commercial, Storage, Solar, Engie, Chile, hybrid, South america, battery
Enfinity Boosts US Credit Facility to $245m for Solar Growth
place “significant capital” this year into late-stage projects in California, Texas, Virginia and the Midwest, where interconnection queues have begun to
Jun 27, 2025 // Markets & Finance News, USA, North America, Enfinity Global
ENEOS Partners with West Energy on Tohoku Micro-Solar Expansion Drive
the output of a single mid-size rooftop installation in sunny California—but their significance lies in the layout: each plant will be a
Jul 16, 2025 // Plants, Residential, Japan, Asia, Eneos, West Group
Blue Moon Solar Wins Financing, Ignites Kentucky's Renewable Energy Momentum
for carbon-free electrons. While 94 MW may sound modest beside Texas and California behemoths, Blue Moon carries outsized symbolism. Kentucky still draws nearly
Jul 17, 2025 // Plants, Large-Scale, Commercial, USA, Canadian Solar, North America, constellation, Kentucky, recurrent energy
Massachusetts Launches Record 1.5-GW Storage Tender to Stabilize Grid Supply
hurdles could still dictate the pace of deployment. With New York and California pursuing similar initiatives, Massachusetts’ tender will be watched
Aug 1, 2025 // Storage, Grids, USA, utilities, North America, rfp
Planted Solar Secures $12 Million to Export Terrain-Conforming Arrays Globally
Valley ingenuity is heading for Europe’s hillsides. Planted Solar, a California-based hardware start-up, has closed a $12 million seed-plus round that will
Aug 5, 2025 // Markets & Finance News, USA, North America, venture capital, Planted Solar, Terrain-conforming, Europe pilot