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LATEST SOLAR POWER STOCK NEWS


Enphase Energy Launches IQ8 Microinverters in Finland

Last Trade: 111.50 -1.95 -1.72

FREMONT, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it has entered the solar market in Finland with the introduction of IQ8™ Microinverters, with peak output AC power of up to 384 W. Finland’s solar market has been steadily growing year over... Read more


Greenbriar Montalva Update

Last Trade: 0.51 0.00 0.00

Scottsdale, Arizona--(Newsfile Corp. - May 21, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce the Company update from Luis Baco, JD, LL.M, on the 160MWdc Montalva solar project. To clarify some statements in the Federal Oversight & Management Board's (FOMB) April 24, 2024, letter to Mr. Clifford Webb, President of PBJL Energy... Read more


JinkoSolar's 2000-Volt Module First to Achieve UL Certification

Last Trade: 24.40 0.41 1.71

SHANGRAO, China, May 20, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its 2000-Volt EAGLE® Modules were the first in the world to be qualified as UL listed products for UL61730-1 and UL61730-2, and UL classified products for IEC 61215-1, IEC 61215-2 and... Read more


SolarMax Technology Reports First Quarter 2024 Financial Results

Last Trade: 13.07 0.50 3.98

RIVERSIDE, CA / ACCESSWIRE / May 16, 2024 / SolarMax Technology, Inc. (Nasdaq:SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, today reported financial results for the quarter ended March 31, 2024. First Quarter Highlights Revenues were $5.8 million, compared to $12.9 million in the first quarter of 2023. Cost of revenues included a one-time stock-based compensation expense of $1.3... Read more


AES Agrees to Sell its Equity Interest in AES Brasil for Approximately $640 Million

Last Trade: 21.04 -0.24 -1.13

Proceeds to be Used to Fund AES' Robust Growth in Renewables & US Utilities ARLINGTON, Va., May 15, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it has agreed to sell its 47.3% equity interest in AES Brasil to Auren Energia for approximately $640 million in proceeds to AES.  This sale will be completed in conjunction with a merger between AES Brasil and Auren Energia,... Read more


ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects

Last Trade: 5.97 0.08 1.36

MoU will support the financing and development of large-scale energy transition projects in India and globally NEW DELHI / May 15, 2024 / Business Wire / ReNew, India’s leading renewable energy company (NASDAQ: RNW), today announced that it has signed a Memorandum of Understanding (MoU) with Societe Generale, to support the financing and development of the Company’s various strategic energy transition projects... Read more


Spruce Power Reports First Quarter 2024 Results

Last Trade: 3.66 -0.05 -1.35

DENVER / May 15, 2024 / Business Wire / Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today reported financial results for the quarter ended March 31, 2024. Business Highlights Reported 1Q revenue of $18.3 million, net loss attributable to stockholders of $2.5 million and Operating EBITDA of... Read more


Nextracker Reports Q4 and FY24 Financial Results

Last Trade: 47.05 2.65 5.97

Achieves Record Revenue and Profits First U.S. Solar Company to Achieve 100 Gigawatts Global Shipment Milestone FREMONT, Calif. / May 14, 2024 / Business Wire / Nextracker (Nasdaq: NXT), a global market leader of intelligent solar tracker and software solutions, today announced financial results for the fourth quarter and fiscal year ended March 31, 2024. Full FY2024 Financial Highlights Revenue $2.5... Read more


Tigo Energy Reports First Quarter 2024 Financial Results

Last Trade: 1.27 0.04 3.25

CAMPBELL, Calif. / May 14, 2024 / Business Wire / Tigo Energy, Inc. ("Tigo," or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the first quarter ended March 31, 2024 and financial guidance for the second quarter ending June 30, 2024. Recent Financial and Operational Highlights Quarterly revenue of $9.8... Read more


SolarBank Announces $50.4 million of Revenue for Third Quarter

Last Trade: 6.10 -0.70 -10.29

$50.4 million in Revenue for the nine month period $5.5 million of Net Income for the nine month period or $0.20 per share (undiluted) Update revenue guidance of $56 million to $61 million for the full fiscal year ended June 30, 2024 TORONTO, May 14, 2024 /CNW/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reports third quarter 2024 interim financial... Read more


JinkoSolar Delivers More than 1.1 Million Tiger Neo Modules to One of The Largest PV Projects in Germany and Europe

Last Trade: 24.40 0.41 1.71

MUNICH, May 13, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced today that it has delivered its Tiger Neo modules to a Solar Power Plant in Lobstädt, Germany (The Witznitz Solar Park). The Witznitz Solar Park adds up to 650 MW module capacity in total. JinkoSolar has delivered... Read more


Solar Alliance Energy sees strong potential for 2024 growth fueled by $2.3 million in contracted backlog and $3.7 million in solar grant applications

Last Trade: 0.04 -0.0019 -5.04

TORONTO and KNOXVILLE, Tenn., May 13, 2024 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to announce several contract signings that have contributed to a backlog of contracted projects exceeding $2.3 million and provide an update on its... Read more


FTC Solar Announces First Quarter 2024 Financial Results

Last Trade: 0.47 -0.03 -6.87

First quarter revenue of $12.6 million Company remains focused on purchase orders, operational efficiencies, quality and customer service Total backlog now stands at $1.8 billion Continue to expect to achieve quarterly profitability in 2024 AUSTIN, Texas, May 10, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today... Read more


ReNew Signs 2.2 GW of PPAs Boosting its Clean Energy Portfolio to 15.6 GW

Last Trade: 5.97 0.08 1.36

Our first FDRE PPA signed with SJVN for RE development of ~1 GW 15.6 GW RE portfolio is one of the largest globally  GURGAON, India / May 09, 2024 / Business Wire / ReNew, India’s leading renewable energy company (NASDAQ: RNW), has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity, significantly expanding its fully contracted renewable energy portfolio. ReNew’s... Read more


Clearway Energy Reports First Quarter 2024 Financial Results

Last Trade: 26.93 0.18 0.67

Signed agreements with Clearway Group to commit to invest in 55 MW of wind and 257 MW of solar plus storage projects Entered into new Resource Adequacy Contracts for Marsh Landing and Walnut Creek Reaffirming 2024 financial guidance Increasing the quarterly dividend by 1.7% to $0.4102 per share in the second quarter of 2024, or $1.64 per share annualized Continue to target annual dividend per share growth in... Read more


Array Technologies Reports Financial Results for the First Quarter 2024 – Achieves record gross margin and $2.1 billion of executed contracts and awarded orders

Last Trade: 11.11 0.37 3.45

First Quarter 2024 Highlights Revenue of $153.4 million Gross Margin of 35.9% Adjusted gross margin of 38.3%(1) Net loss to common shareholders of $11.3 million Adjusted EBITDA(1) of $26.2 million Basic and diluted net loss per share of $0.07 Adjusted diluted net income per share(1) of $0.06 ALBUQUERQUE, N.M., May 09, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”),... Read more


Canadian Solar Reports First Quarter 2024 Results and Announces Appointment of Chief Financial Officer

Last Trade: 15.83 0.12 0.76

GUELPH, ON, May 9, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2024. Highlights Solar module shipments of 6.3 GW, in line with guidance of 6.1 GW to 6.4 GW. Net revenues of $1.3 billion, in line with guidance of $1.2 billion to $1.4 billion. 19.0% gross margin, at the high end of... Read more


Altus Power Announces First Quarter 2024 Financial Results

Last Trade: 3.83 -0.02 -0.52

First Quarter Financial Highlights First quarter 2024 revenues of $40.7 million, a 38% increase as compared to first quarter 2023 GAAP net income of $4.1 million for first quarter 2024, an increase as compared to $3.8 million for first quarter 2023 Adjusted EBITDA* of $19.7 million for first quarter 2024, or a 23% increase as compared with first quarter 2023 Recent Business Highlights Added ~4,000... Read more


Pineapple Energy Reports First Quarter 2024 Financial Results

Last Trade: 0.14 -0.05 -28.42

First Quarter 2024: Revenue down 40% from Q1 2023 Gross profit down 40% from Q1 2023 Operating Expenses down 31% from Q1 2023 Operating Loss increased 2% from Q1 2023 Net Income of $1.2M, Net Loss attributable to common shareholders of $10.1M Adjusted EBITDA loss of $1.5M MINNETONKA, Minn., May 09, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar... Read more


Sunrun’s ‘CalReady’ Power Plant Supports California’s Grid with 16,200 Home Solar-Plus-Storage Systems

Last Trade: 11.97 0.55 4.82

SAN FRANCISCO, May 08, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, has networked more than 16,200 customers’ solar-plus-storage systems to support California’s electrical grid during the hot summer months. Sunrun’s CalReady power plant will reduce strain on the grid by supplying critical energy to communities that need it throughout... Read more



Tigo Energy Delivers Most Powerful Solar MLPE for High-Wattage and Bifacial Modules

Last Trade: 1.27 0.04 3.25

Tigo TS4-X devices provide the latest in safety, monitoring, and optimization, including a new Multi-Factor Rapid Shutdown (MFRS) capability for critical applications, for solar installers deploying modules up to 800W CAMPBELL, Calif. / May 08, 2024 / Business Wire / Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the newest additions to... Read more


SolarEdge Technologies Announces First Quarter 2024 Financial Results

Last Trade: 48.48 -0.23 -0.47

MILPITAS, Calif. / May 08, 2024 / Business Wire / SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Revenues of $204.4 million Revenues from solar segment of $190.1 million GAAP gross margin of negative 12.8% Non-GAAP gross margin1 of negative 6.5%, including... Read more


Sunrun Reports First Quarter 2024 Financial Results

Last Trade: 11.97 0.55 4.82

Exceeded high-end of Q1 guidance range for both Storage and Solar installations Storage Capacity Installed of 207 Megawatt hours in Q1, representing 192% year-over-year growth, as storage attachment rates reach 50% Solar Energy Capacity Installed of 177 Megawatts in Q1, reaching 6.9 Gigawatts of Networked Solar Energy Capacity Net Earning Assets increases to $5.2 billion, including $783 million in Total... Read more


Enlight Renewable Energy Reports First Quarter 2024 Financial Results

Last Trade: 18.24 0.03 0.16

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the first quarter March 31, 2024. The Company’s earnings webcast will be held today at 8:00 AM ET. A link to this webcast can be found at the end of this earnings... Read more


Amtech Systems Reports Second Quarter 2024 Results

Last Trade: 5.16 -0.12 -2.27

TEMPE, Ariz. / May 08, 2024 / Business Wire / Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today reported results for its second quarter ended March 31, 2024. Second Quarter Fiscal 2024... Read more


Veeco Instruments: Leading Edge Semiconductor Company Places Multi-System Laser Annealing Order Including First Nanosecond Annealing System

Last Trade: 40.58 -0.06 -0.15

PLAINVIEW, N.Y., May 07, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) announced today that a leading edge semiconductor company has placed an order for multiple laser annealing systems to accelerate the design and manufacturing of 2-nanometer gate-all-around logic semiconductor chips. The order includes LSA201™ Laser Spike Annealing Systems in addition to an NSA500™ Nanosecond Annealing System.... Read more


Veeco Instruments Reports First Quarter 2024 Financial Results

Last Trade: 40.58 -0.06 -0.15

First Quarter 2024 Highlights: Revenue of $174.5 million, compared with $153.5 million in the same period last year GAAP net income of $21.9 million, or $0.37 per diluted share, compared with $8.7 million, or $0.17 per diluted share in the same period last year Non-GAAP net income of $26.4 million, or $0.45 per diluted share, compared with $16.9 million, or $0.30 per diluted share in the same period last... Read more


Ameresco Reports First Quarter 2024 Financial Results

Last Trade: 29.70 1.76 6.30

Solid Execution with Growth Across All Business Lines 45% Y/Y Growth in Contracted Backlog Over 750 MWe Ameresco Owned Energy Assets in Development Reaffirms 2024 Guidance First Quarter 2024 Financial Highlights: Revenues of $298.4 million Net loss attributable to common shareholders of $2.9 million GAAP EPS of ($0.06) Non-GAAP EPS of ($0.10) Adjusted EBITDA of $30.8 million FRAMINGHAM, Mass. / May... Read more


Shoals Technologies Group Reports Financial Results for First Quarter 2024

Last Trade: 6.80 0.20 3.03

PORTLAND, Tenn., May 07, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced results for its first quarter ended March 31, 2024. “Despite additional project delays in the period, the team’s continued... Read more


Enphase Energy Expands IQ8 Commercial Microinverter Deployments in North America

Last Trade: 111.50 -1.95 -1.72

FREMONT, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that installers of Enphase® products across North America have seen growing deployments of IQ8™ Commercial Microinverters. A recent Wood Mackenzie report estimated that only 5.1% of viable U.S.... Read more


3.2 MW Ground Mount Site in Black Creek, New York Secured by SolarBank

Last Trade: 6.10 -0.70 -10.29

Expected to operate as a community solar site, selling credits to subscribers. Over 370 homes expected to be provided with green energy once operational. Eligible to participate in the NYSUN program to receive NYSERDA incentives. TORONTO, May 6, 2024 /CNW/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that it has executed a lease agreement on... Read more


Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product

Last Trade: 1.19 0.05 4.39

VALENCIA, Spain, May 06, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or “the Company”), a leader in the field of photovoltaic energy storage, today announced it has filed a patent application with the Spanish Patent and Trademark Office (“OEPM”) for its Sunbox Commercial & Industrial (“Sunbox C&I”) product. This product, which is already available on the market, offers... Read more


Brookfield Renewable Reports Record First Quarter Results

Last Trade: 27.96 0.21 0.76

All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, May 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable Partners”, “BEP”) today reported financial results for the three months ended March 31, 2024. “We had a strong start to the year delivering record results and executing on our business plans. We signed a landmark agreement... Read more


Enphase Energy Expands Deployments of Enphase Energy System with IQ Battery 5P in Florida

Last Trade: 111.50 -1.95 -1.72

FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that installers of Enphase® products in Florida have seen growing deployments of Enphase® Energy Systems™ powered by the IQ® Battery 5P™, as Florida homeowners prepare for power outages associated... Read more



AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Last Trade: 21.04 -0.24 -1.13

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California Strategic Accomplishments Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW... Read more


Complete Solaria to be Self-Funded in Q2 2024

Last Trade: 1.88 0.71 60.68

FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR) today published its Q1’24 results, to be presented via webcast today, May 2, 2024 at 5:00 p.m. EDT. Interested parties may access the webcast by registering here, or by visiting: https://investors.completesolaria.com/news-events/events. Q1’24 and Q2’24 forecast summary (based on non-GAAP... Read more


Brookfield Renewable and Microsoft Collaborating to Deliver Over 10.5 GW of New Renewable Power Capacity Globally

Last Trade: 27.96 0.21 0.76

First of its kind global framework agreement will accelerate the expansion of renewable energy capacity to contribute to Microsoft’s sustainability goals The five-year agreement outlines plans for the development of over 10.5 gigawatts of new renewable energy capacity, almost eight times larger than the largest single corporate PPA ever signedi Potential... Read more


Sunrun’s ‘PowerOn Puerto Rico’ Virtual Power Plant Helps Island Avoid Rolling Blackouts

Last Trade: 11.97 0.55 4.82

SAN FRANCISCO, May 01, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, has now enrolled nearly 1,800 customers—totaling more than 2,000 batteries—in its PowerOn Puerto Rico virtual power plant. The program has been supplying dependable energy from solar-plus-storage systems to the island’s energy grid since last fall. Sunrun is the largest... Read more

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