us solar

Solar module supplier Maxeon has started evaluating the possibility of expanding its manufacturing capacity in the US with a cell and module assembly plant.

US renewables developer Pivot Energy has closed a US$203 million financing facility to fund 100MW of distributed solar PV projects across numerous states.

Solar module supplier Maxeon aims to turn the negative adjusted EBITDA around through investing in technology and increasing customer value, in addition to contiuning investing in talents, according to the company’s CEO Bill Mulligan and CTO Matt Dawson. 

Utility Duke Energy has completed two more solar PV projects in northern Florida, adding 150MW to its portfolio.

US solar installer Sunrun has added 239.8MW of PV capacity in Q1 2023, exceeding its high-end guidance and is on track to reach 1GW in 2023.

As distributed energy resources such as residential solar rooftop increase in the next decade, its use for virtual power plants could save US utilities up to US$35 billion, according to a study from consultancy The Brattle Group.

US solar developer Swift Current Energy has closed financing on a 266MW solar PV project in Southeast Texas.

Jinko Solar has posted an improved financial result for the first quarter of 2023, as its net income attributable to ordinary shareholders increased by 18.6% quarter-on-quarter.

Indiana-based electric company CenterPoint Energy will switch to solar and wind to generate 80% of electricity by 2030.

US-based solar tracker company Nevados has partnered with independent power producer (IPP) Energix Renewables to supply trackers, that can be used on challenging slopes, in three solar power plants.