Walmart inks solar PV PPA in Texas, invests in community solar across US
Retail giant Walmart has signed a power purchase agreement (PPA) with utility EDP Renewables North America (EDPR NA) for a 180MW solar PV project in Texas, US.
SunPower announces departure of CEO Peter Faricy
SunPower is looking for a new permanent CEO and has established an “office of the chairman” led by executive chairman of the board Tom Werner.
California state assembly member introduces bill to repeal NEM 3.0
The legislation Assembly Bill 2619 aims to restore incentives for residents who generate clean power for the grid.
SolarEdge Q4 inverter shipments drop by 76% quarterly
SolarEdge’s shipments declined sharply as it only shipped 901MWac of inverters in Q4 2023, down by 76.5% from 3,841MWac in Q3 2023.
Tigo Energy to lower inventory by Q1 2024, poses decreased FY 2023 results
Module-level power electronics supplier Tigo Energy expects its losses will continue in the first quarter of 2024, according to its latest financial result announcement.
Arizona utilities launch request for proposals for renewable power and energy storage projects
Tuscon Electric Power and UniSource Energy have launched a proposals for new power generation and energy storage projects in Arizona.
Aspen Power bags US$241 million for US solar buildout
US distributed generation platform Aspen Power has secured US$241 million in three financing tranches to support construction of its future solar PV assets.
Scale Microgrids acquires 500MW community solar portfolio in the US
Distributed energy platform Scale Microgrids has acquired over 500MW of community solar and energy storage projects across several states in the US from Netherlands-based developer Gutami.
CALSSA: California solar industry to face a downward trend in 2024
CALSSA executive director Bernadette Del Chiaro says a downward trend will be the best description of the California market this year without government intervention.
Why are US utilities selling their solar businesses?
According to Syliva Levya Martinez, principal analyst of North American utility-scale solar at Wood Mackenzie: “These are not the last of these types of transactions we’re going to see”.
