Availability in Italy follows first shipment of the South African version of the new commercial storage system in the fourth quarter of 2023 MILPITAS, Calif. / Mar 18, 2024 / Business Wire / SolarEdge Technologies, Inc. (“SolarEdge” or “the Company”) (NASDAQ: SEDG), a global leader in smart energy technology announced today that the Company’s first Commercial Storage System (CSS) for PV applications is now... Read more
Scottsdale, Arizona--(Newsfile Corp. - March 18, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the schedule to break ground on Sage Ranch will be within the month of April, 2024. The ongoing drama between the TCCWD and the city does not affect our schedule. The company owns and has access to all of the deeded water rights, and... Read more
GUELPH, ON, March 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter and Full Year 2023 Highlights 26% increase in solar module shipments year-over-year ("yoy") to 8.2 GW, above guidance range of 7.6 GW to 8.1 GW. Record full year solar module... Read more
Full Year 2023 Financial Highlights Full year 2023 revenues of $155.2 million, a 53% increase compared to full year 2022 GAAP net loss of $26.0 million for full year 2023, compared to net income of $52.2 million for full year 2022 Adjusted EBITDA* of $93.1 million for full year 2023, a 59% increase compared to full year 2022 Net cash provided by operating activities of $79.4 million, a 125% increase over... Read more
GRANTS, NEW MEXICO, March 14, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) (“Bright Green” or the “Company”) Today announced that BGXX will install a 102-megawatt solar field to power the electricity and heating requirements for the new $250 million Dalsem expansion project and commits to switch the existing facility that currently burns natural gas and heavy oil to solar. This ensures that the... Read more
The first project scheduled to receive delivery of Australian made steel components from the facility is ACCIONA Energia’s 480MWp Aldoga Solar Farm to be built near Gladstone BRISBANE, Australia / Mar 13, 2024 / Business Wire / Nextracker (Nasdaq: NXT), a global market leader of solar tracker and software solutions, and Orrcon Steel, a leading Australian manufacturer of tube and pipe, and distributor of steel... Read more
Company Receives First Purchase Order for Newly Announced Access Control Solution Detroit, Michigan, March 13, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), today announced it received the first order for a solar-powered AVA™ autonomous access control device. The end user is in the Oil & Gas... Read more
Fourth quarter revenue of $23.2 million Continue to improve cost structure to lower break-even revenue level Added approximately $213 million to backlog1 since Nov. 8; acceleration in contracted projects Anthony Carroll appointed Chairman of Customer Advisory Board AUSTIN, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and... Read more
WOBURN, Mass., March 12, 2024 /PRNewswire/ -- SinglePoint Inc (CBOE: SING) ("SinglePoint" or "the Company") subsidiary Boston Solar, a proud partner of the Boston Red Sox and a leading provider of solar energy solutions, has recently partnered with a nonprofit housing developer whose focus is to develop and preserve affordable, high quality rental housing. The project will consist of 27 custom solar panel... Read more
FREMONT, Calif., March 07, 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, and Semper Solaris, a leading home solar and battery installer in the United States, announced today an expanded strategic relationship focused on deploying Enphase’s IQ8™ Microinverters and the IQ® Battery 5P™.... Read more
PORTLAND, Tenn., March 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 the Board of Directors appointed the Company’s Chief Executive Officer, Brandon Moss, to the Board. “Since joining Shoals as... Read more
Strategic partnership to enhance sustainability and renewable energy efforts with lighting improvements, energy management systems upgrades and a solar PV initiative TARRYTOWN, N.Y. / Mar 06, 2024 / Business Wire / Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its strategic partnership with the Public Schools of Tarrytowns.... Read more
GUELPH, ON, March 4, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and Sol Systems, a leading renewable energy company based in Washington, D.C., announced today a partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules... Read more
STAMFORD, Conn. / Mar 04, 2024 / Business Wire / Altus Power (NYSE: AMPS), the largest commercial scale provider of clean, electric power, today announced the appointment of Robert Bernard, CBRE’s Chief Sustainability Officer, to its Board of Directors. Bernard assumes the board seat made available by the recent retirement of Bill Concannon, who led CBRE’s partnership with Altus Power since 2021. “With more than two... Read more
U.S. Department of Agriculture to Provide Grant of USD$1 Million for the Project Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has reached the 'Notice to Proceed' (NTP) milestone for a 1.4MW ground-mount solar project in Smithville, Texas. The NTP milestone... Read more
Quarterly Revenue of $130.4 million, up 38% Year-Over-Year Gross Margin of 42.5% Net Income of $16.6 million Adjusted EBITDA of $39.1 million Backlog and Awarded Orders Increased 47% Year-Over-Year to $631.3 million Provides First Quarter and Full Year 2024 Outlook PORTLAND, Tenn., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc.... Read more
SHANGHAI, Feb. 28, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the fourth quarter and fiscal year of 2023. Fourth Quarter 2023 Financial and Operating Highlights Polysilicon production volume was 61,014 MT in Q4 2023,... Read more
Awarded Project Backlog Conversion Drives Significant Q4 Revenue and Profit Growth Record Total Project Backlog of nearly $4B, with $520M in New Awards in Q4 717 MWe of Assets in Development, with 63 MWe Placed into Operation in the Quarter Guiding to 38% Adj. EBITDA Growth at the Midpoint for 2024 Full Year and Fourth Quarter 2023 Financial Highlights: Revenues of $1,374.6 million and $441.4 million Net... Read more
Woburn, Massachusetts--(Newsfile Corp. - February 27, 2024) - SinglePoint Inc (CBOE: SING) ("SinglePoint" or "the Company") subsidiary Boston Solar, a proud partner of the Boston Red Sox and a leading provider of solar energy solutions, is entering into a contract with a leading American hotel chain. The proposed solar panel system is expected to be 219.24kW which is expected to produce an estimated 6,021,634kWh... Read more
Net sales of $3.3 billion for 2023 and $1.2 billion for the fourth quarter Net income per diluted share of $7.74 for 2023 and $3.25 for the fourth quarter 2023 year-end net cash balance of $1.6 billion 2023 net bookings of 28.3 GW; 2.3 GW since third quarter earnings call at a base ASP of 31.8 c/w 2024 net sales guidance of $4.4 billion to $4.6 billion 2024 EPS guidance of $13.00 to $14.00 per diluted... Read more
Fourth Quarter 2023 Financial Highlights Revenue of $341.6 million Net income to common stockholders of $6.0 million Adjusted EBITDA(1) of $48.2 million Basic and diluted net income per share of $0.04 Adjusted diluted net income per share(1) of $0.21 $49.9 million of 45X benefit earned for 2023 torque tube deliveries; $9.3 million recognized during 2023 in the statement of operations Full Year 2023... Read more
SHANGRAO, China, Feb. 27, 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 that its principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi Jinko"), announced certain preliminary unaudited financial results for the full year 2023. For 2023, (i) the preliminary unaudited... Read more
FREMONT, Calif., Feb. 26, 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 it has started production shipments of its most powerful home battery to-date, the IQ® Battery 5P™, for customers in Italy. The IQ Battery 5P is a modular design with 5 kWh capacity and can... Read more
SHANGRAO, China, Feb. 26, 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, unveiled Neo Green panels today. These N-type TOPCon Tiger Neo panels are produced in factories that were awarded the "Zero Carbon Factory" certification by TÜV Rheinland for their compliance with the criteria and... Read more
Strategic Accomplishments Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022 Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million 2023 Financial Highlights Diluted EPS of $0.34,... Read more
All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the fourth quarter and full year ended December 31, 2023. 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... Read more
ALBUQUERQUE, N.M., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading manufacturer of utility-scale solar tracking technology, announced a new strategic partnership with Aluminum Products Company (ALUPCO®), a leading aluminum extrusion company in the Middle East and North Africa, to support the growing market for renewable energy projects in the... Read more
SHREVEPORT, LA / ACCESSWIRE / February 22, 2024 / Continental Envelope is going green, and it has Correlate Energy Corp. (OTCQB:CIPI) to thank. One of the nation's oldest envelope manufacturers, churning out two billion envelopes per year, tapped Correlate to construct one of Illinois's largest rooftop solar power facilities at its manufacturing plant in Geneva, Illinois. That was in April 2022, and as of last... Read more
WORCESTER, Mass., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) announces today that most equipment used in the solar industry are now available as a service of reaching the broader market and increasing the solar energy market interest in our patent pending solar tracker. We can supply solar panels for the low price of fifteen cents per rated watt. We sell and supply the top brands when it comes to... Read more
Committed to approximately $215 million of new long-term corporate capital investments in 2023 Signed contracts in last twelve months ensuring that 42% of the Resource Adequacy for Marsh Landing, Walnut Creek and El Segundo is contracted in 2027, with nearly 100% contracted through 2026 Reaffirming 2024 financial guidance Increased the quarterly dividend by 1.7% to $0.4033 per share in the first quarter of... Read more
SAN FRANCISCO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced a new partnership with Lowe's Companies, Inc. (NYSE: LOW), one of the largest home improvement retailers in the world, to provide households with solar and storage services inside of hundreds of Lowe’s stores across the country. Customers will soon be able... Read more
New Al Kahfah Solar Power Plant at 1.17 GW to play key role in Badeel and ACWA Power efforts to advance Saudi National Renewable Energy Program NX Horizon-XTR™ all-terrain solar tracker systems to deliver enhanced yield while minimizing environmental impact on project site The Al Kahfah project reinforces Nextracker’s commitment to the MEIA region with... Read more
Leading EBOS provider for solar, energy storage and eMobility to create approximately 550 new jobs in Portland with multi-million dollar expansion NASHVILLE, Tenn., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Shoals Technologies Group officials announced today the company will invest $80 million over the next... Read more
Storage Capacity Installed of 219.7 Megawatt hours in Q4, exceeding guidance range and representing 154% year-over-year growth Nationally, storage attachment rates hit 45% of installations in Q4; recent storage attachment rates have reached ~48% on new sales Solar Energy Capacity Installed of 227.1 Megawatts in Q4, reaching 6.7 Gigawatts of Networked Solar Energy Capacity Net Subscriber Value of $13,445 in Q4,... Read more
Fourth Quarter 2023 and Recent Highlights Deployed over 34,000 customers in the fourth quarter; bringing total customer count to 419,200 as of December 31, 2023; Increased single customer economics as expressed through fully burdened unlevered return; Continued to execute a cost reduction plan for 2024 enhancing cash generation; and Initiated 2025 cash generation guidance between $200 million and $500... Read more
FREMONT, Calif., Feb. 20, 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 key improvements and new features for Solargraf®, its cloud-based design, proposal, and permitting software platform. The Solargraf platform is used by solar installers to create system... Read more
MILPITAS, Calif. / Feb 20, 2024 / Business Wire / SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the fourth quarter ended December 31, 2023 and full year ended December 31, 2023. Fourth Quarter 2023 Highlights Revenues of $316.0 million Revenues from solar segment of $282.4 million GAAP gross margin of negative 17.9% Non-GAAP... Read more
RICHMOND, Calif., Feb. 20, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) a leading residential solar technology and energy services provider, today announced Tom Werner as Executive Chairman of the Board, effective Feb. 19, 2024. "As we move forward into our next era and navigate this critical moment for our industry, we are pleased to welcome Tom Werner back to SunPower," said Peter Faricy, SunPower's CEO.... Read more
Added 16,000 customers in Q4, 75,900 new customers in FY 2023 Reported Q4 revenue of $357 million; FY 2023 revenue of $1.7 billion Reported Q4 GAAP Net Loss of ($124) million and Adjusted EBITDA of ($68) million; FY 2023 GAAP Net Loss of ($247) million and Adjusted EBITDA of ($84) million Announced $175 million of additional capital and $25 million of additional revolving debt capacity RICHMOND, Calif.,... Read more
Cleantech company revolutionizes the energy infrastructure at the resort while enhancing the guest experience FRAMINGHAM, Mass. & KAUAI, Hawaii / Feb 14, 2024 / Business Wire / Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of the installation of new energy efficiency and maintenance advancements at OUTRIGGER... Read more
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