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The firm posted net losses (in accordance with generally accepted accounting principles (GAAP)) of US$1.81 billion over 2024 .

Sunnova said the job cuts are part of “an optimisation of its business" and the cuts will save around US$35 million.

Germany is poised to introduce new rules aimed at removing electricity peaks and negative pricing associated with surplus generation of solar power.

Meridian Energy, a New Zealand state-owned energy company, has secured planning consent for its 120MW Ruakākā Solar Farm in Tai Tokerau Northland.

A report from CEA says that the impact of the new Republican administration on the provisions under the IRA remains “uncertain”.

Australia’s Clean Energy Council said 2024 was the best year for renewable energy investment since 2018, with AU$9 billion committed.

PV Tech Premium spoke with Alexia Ruvoletto, former head of the Solar Stewardship Initiative, about its supply traceability standard.

The US solar industry was previously sanguine about Trump's initial tariffs, though the impacts of these metal tariffs are unclear.

Factors including import duties and changing tax rates in China have driven up US module prices, according to CEA's latest pricing report.

Chinese module manufacturer JinkoSolar is suing rival producer Longi in Australia for alleged infringement of technology patents.