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Global solar installations increased by 87% year-on-year in 2023 as China continued to dominate growth, according to SolarPower Europe.

The California Independent System Operator (CAISO) has taken control of a 500kV, 125-mile transmission line between California and Arizona.

The US installed 11.8GWdc of capacity in the first quarter of 2024 and added more than 40GW of solar capacity last year, according to SEIA.

Currently, over 50% of US solar installations, including residential, C&I and large scale ground mounted solar, have come online since 2020.

Residential solar installations in California since the introduction of the NEM 3.0 have been roughly equal to the amount in the prior year.

Nextracker's backlog has posted the financial results for Q4 2024 and FY 2024, with backlog increasing by more than 50%.

The US added 4,557MW of solar capacity in the first quarter of 2024, bringing the total installed capacity to over 100GW, according to ACP.

In the first quarter of the year, Array Technologies' revenue was only US$153.4 million, down from US$341.6 million in Q4 2023.

US residential solar and storage company Sunrun has narrowed its net loss for the first quarter of 2024, but its solar capacity additions continued to drop for four quarters in a row.

Sunnova's new customer additions continued to drop in the first quarter in 2024, but its adjusted EBITDA increased by over 200%.