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.
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.
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.
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.
Nautilus Solar Energy seals US$72 million tax equity deal for 62MW solar portfolio
US community solar company Nautilus Solar Energy has signed a US$72 million tax equity deal with institutional investment management firm Foss & Company for a 62MW solar portfolio.
Origis Energy secures US$317 million tax equity for New Mexico and Mississippi solar projects
Origis Energy has secured US$317 million in project tax equity for two US solar projects with a combined capacity of 350MWac.
NextEra reports net income of US$112 million in Q4 2023 as solar capacity expands
NextEra Energy Partners has announced its financial results for the fourth quarter of 2023, which includes net income of US$112 million.
ADT exiting residential US solar business after ‘underperformance’ and US$89 million write-down
Challenges such as operational difficulties and macroeconomic headwinds cause ADT to quit the residential solar business.
Up to US$9 billion in transferable tax credit transactions made in 2023 in the US
Between US$7 and US$9 billion in transferable tax credit transactions were made last year in the US, according to a report from Crux, an ecosystem for entities to transact and manage transferable tax credits.
