Solar project adds to growing development and operational project pipeline in Canada VANCOUVER, BC / ACCESSWIRE / November 26, 2024 / Revolve Renewable Power Corp. (TSXV:REVV) (OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce it has completed the acquisition of a 30 megawatt ("MW") mid-stage development solar project... Read more
SYDNEY, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast”) (Nasdaq: VSTE) today announced it has signed an updated funding agreement to access up to $30 million of its existing $65 million grant from the Australian Renewable Energy Agency (“ARENA”). The funding will support Vast’s green technology manufacturing and project development activities as it deploys its next generation concentrated solar... Read more
Deal Grows Spruce’s Home Solar Assets and Contracts by ~13% to ~85,000 Accelerates Operating Efficiencies to Enhance Customer Experience and Shareholder Value DENVER / Nov 25, 2024 / Business Wire / Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures (“CEV”), a subsidiary of New Jersey Resources... Read more
STAMFORD, Conn. & ROCKVILLE, Md. / Nov 21, 2024 / Business Wire / Altus Power, the largest commercial-scale provider of clean electric power, today announced the acquisition of a 3.4 MW solar project from Chaberton Energy, a Maryland-based national renewable energy project developer, which Altus Power will complete development of and then construct. Upon completion, the power generated by the asset, owned and... Read more
Over 540 Homes Expected to be Powered by this Community Solar Project TORONTO, Nov. 21, 2024 /CNW/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 4.6 MW DC ground-mount solar power project known as the Stone Church project (the "Project") on a site located in Seneca County, New York. With a secured site lease... Read more
FREMONT, Calif., Nov. 18, 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 initial shipments of IQ® Battery 5Ps produced in the United States that can help projects qualify for the Domestic Content Bonus Credit. The Domestic Content Bonus Credit is a tax credit that aims... Read more
LEHI, Utah, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Blue Raven Solar (“BRS”) a division of Complete Solar Holdings, Inc. (“Complete Solar” or the “Company”) (Nasdaq: CSLR), is pleased to announce it has signed an installation sales agreement with Sunder Energy (“Sunder”), one of the largest residential sales companies in the US. Sunder sells solar in 48 states, executing approximately 12,000 solar installations per year,... Read more
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker technology, is proud to announce its strategic $3 million investment in Swap Robotics, a pioneer in utility-scale solar robotic operations, maintenance, and automation solutions. This investment aligns with ARRAY’s ongoing commitment to innovation, sustainability, and... Read more
Woburn, Massachusetts--(Newsfile Corp. - November 15, 2024) - SinglePoint Inc. (OTC Pink: 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 proud to announce that in collaboration with Resonant Energy, it has completed more than 20 solar installations, with many more projects in development. The completed... Read more
RIVERSIDE, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, today reported financial results for the quarter ended September 30, 2024. Third Quarter Highlights Revenue: $6.3 million, compared with $14.3 million in Q3 2023. Gross profit: $1.3 million, compared with $4.0 million in Q3 2023. Total operating... Read more
Solar PV Arrays to Power All-Electric Medical Campus, Setting a Benchmark for Sustainability in the Healthcare Industry FRAMINGHAM, Mass. / Nov 14, 2024 / Business Wire / Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its collaboration with the University of California, Irvine and its health system, UCI Health, to install two... Read more
108% increase in revenues to $16.0 million of revenue for the quarter compared to $7.7 million in Q1 2024 361% growth in assets to $181.0 million following Solar Flow-Through Funds Ltd. Acquisition TORONTO, Nov. 14, 2024 /CNW/ - SolarBank Corporation (NASDAQ: SUUN) (CBOE CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reports first quarter fiscal 2025 interim financial results. All financial figures are... Read more
FREMONT, Calif., Nov. 13, 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 a safe harbor agreement with IGS Solar, a top solar finance company, to help expand deployments of Enphase’s IQ8™ Microinverters supplied from manufacturing facilities in the United States.... Read more
SAN DIEGO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc., a leading innovator in energy storage solutions, announced today that it has completed phase one of its loan application for $250M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed with phase two technical due diligence. To meet domestic content requirements for commercial grade... Read more
Woburn, Massachusetts--(Newsfile Corp. - November 13, 2024) - SinglePoint Inc (OTC Pink: 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 proud to announce the completion of a major solar project for global project development and construction company's Northeast headquarters in Waltham, MA. This project... Read more
TEL AVIV, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the third quarter ending September 30, 2024. The Company’s earnings conference call and webcast will be held today at 8:00 AM ET. Registration links to both the call and the webcast can be found at the end of this earnings release. The entire suite of the... Read more
OREM, Utah, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. d/b/a Complete Solar (“Complete Solar” or the “Company”) (Nasdaq: CSLR), a solar technology, services, and installation company, today will present its Q3’24 results via webcast at 5:00 p.m. EST. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website:... Read more
Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC Quarterly Revenue of $102.2 million Gross Profit Percentage of 24.8% and Adjusted Gross Profit Percentage of 37.9% Net Loss of $0.3 million Adjusted EBITDA of $24.5 million Raises Midpoint of Full-Year Revenue Outlook PORTLAND, Tenn., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc.... Read more
Third Quarter Highlights and Recent Developments Third quarter revenue of $10.1 million, in-line with prior target Industry veteran Yann Brandt joined as CEO Announced 1GW tracker supply agreement with Dunlieh Energy Announced multi-year agreement with Strata Clean Energy for 500mw, expandable to 1GW+ Provided incremental project detail on 1GW of projects with Sandhills Energy Post quarter-end, received... Read more
Third Quarter Financial Highlights Third quarter 2024 revenues of $58.7 million, a 30% increase as compared to third quarter 2023 GAAP net income of $8.6 million for third quarter 2024, as compared to $6.8 million for third quarter 2023 Adjusted EBITDA* of $37.0 million for third quarter 2024, a 27% increase as compared with third quarter 2023 Recent Business Highlights Nationwide portfolio that surpassed... Read more
FREMONT, Calif., Nov. 11, 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 a new do-it-yourself (DIY) permit plan feature on Solargraf®, its cloud-based design, proposal, and permitting software platform for solar installers in the United States. The DIY permitting... Read more
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable Partners”, "BEP") today reported financial results for the three and nine months ended September 30, 2024. "We had another successful quarter highlighted by agreements to monetize several assets, crystallizing strong... Read more
TEL AVIV, Israel, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces that its U.S. subsidiary Clenera has signed a new power purchase agreement (“PPA”) with Arizona Public Service (“APS”) for its Snowflake A Project (“Snowflake A” or “the Project”). The busbar fixed price PPA encompasses the Project’s 600... Read more
Storage Capacity Installed of 336 Megawatt hours in Q3, exceeding high-end of guidance range and representing 92% year-over-year growth, as storage attachment rates reach 60% Solar Energy Capacity Installed of 230 Megawatts in Q3, at the high-end of prior guidance range, reaching 7.3 Gigawatts of Networked Solar Energy Capacity Cash Generation of $2.5 million in Q3, second consecutive quarter of positive Cash... Read more
Total Revenue Growth of 49% Led by 59% Increase in Project Revenue Total Project Backlog up 22% Y/Y to $4.5 billion; Contracted Backlog up 56% Y/Y Record 209 MWe Energy Assets Placed into Operation YTD Exceeding FY Guidance New Contracts Drive $180 million Y/Y Increase in O&M Backlog Reaffirming 2024 Guidance Third Quarter 2024 Financial Highlights: Revenues of $500.9 million Net income attributable... Read more
Third Quarter 2024 Highlights Revenue of $231.4 million Gross Margin of 33.8% Adjusted gross margin of 35.4%(1) Net loss to common shareholders of $(155.4) million Net loss to common shareholders inclusive of $162 million non-cash goodwill impairment charge associated with the 2022 STI acquisition Adjusted EBITDA(1) of $46.7 million Basic and diluted net loss per share of $(1.02) Adjusted diluted... Read more
NEW YORK & OSLO, Norway & NEWNAN, Ga. / Nov 06, 2024 / Business Wire / FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) has announced that the Company has entered into an agreement to acquire the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”). The transaction is subject to certain customary conditions precedent, including receipt of certain third-party consents,... Read more
PLAINVIEW, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced it’s received over $50 million of orders in 2024 for its WaferStorm® system for Advanced Packaging driven by AI. Scheduled deliveries for the most recent orders are extending into the first half of 2025. Veeco’s Wet Processing business is delivering year-over-year growth primarily driven by capacity expansions... Read more
MILPITAS, Calif. / Nov 06, 2024 / Business Wire / SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues of $260.9 million Revenues from solar segment of $247.5 million GAAP gross margin of negative 269.2%1 Non-GAAP gross margin2 of negative... Read more
Third Quarter 2024 Highlights: Revenue of $184.8 million, compared with $177.4 million in the same period last year GAAP net income of $22.0 million, or $0.36 per diluted share, compared with $24.6 million, or $0.42 per diluted share in the same period last year Non-GAAP net income of $28.3 million, or $0.46 per diluted share, compared with $31.0 million, or $0.53 per diluted share in the same period last... Read more
CAMPBELL, Calif. / Nov 06, 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 third quarter ended September 30, 2024 and financial guidance for the fourth quarter ending December 31, 2024. Recent Financial and Operational Highlights Quarterly revenue of $14.2... Read more
Avery More Elected as Chairman of the Board Guy Gecht Appointed as Member of the Board, replacing Tal Payne MILPITAS, Calif. / Nov 06, 2024 / Business Wire / SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced that the Board of Directors (the “Board”) has elected Avery More as Chairman of the Board of Directors, replacing Nadav Zafrir, who will remain on the... Read more
VANCOUVER, BC / ACCESSWIRE / November 6, 2024 / Revolve Renewable Power Corp. (TSXV:REVV) (OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, announces enhancements to its senior management team and board of directors, which will help position the Company for its next phase of growth and continue to build our senior management presence in the... Read more
290 Homes Expected to be Powered by this Community Solar Project TORONTO, Nov. 5, 2024 /CNW/ - SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 3.1 MW DC ground-mount solar power project known as the West Petpeswick project (the "Project") on a site located in Nova Scotia. The Project is a key addition to the... Read more
OREM, Utah, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Complete Solar Holdings, Inc. d/b/a Complete Solar (“Complete Solar” or the “Company”) (Nasdaq: CSLR), a solar technology, services, and installation company, today announced preliminary Q3’24 financial results of $117.3 million in revenue with a $42.0 million loss for the post-merger company combining CSLR and SunPower. Complete Solar CEO, T.J. Rodgers said, “On... Read more
AUSTIN, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI) (“FTC Solar”), a leading provider of solar tracker systems, and Dunlieh Energy, (“Dunlieh”) announced today that FTC will be supplying trackers for over one gigawatt of solar projects for Dunlieh beginning in 2025. The first project expected under the agreement is the Situla Energy Project, a 500-megawatt utility-scale solar and... Read more
Recurrent Energy's latest energy storage and solar tolling agreements with APS support Arizona's expanding energy needs GUELPH, ON and PHOENIX, Oct. 31, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today that it has signed two new tolling agreements with... Read more
STAMFORD, Conn. / Oct 31, 2024 / Business Wire / Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced the successful completion of three new solar projects in Maine, adding a total of 19.1 MWs to the company’s expanding portfolio. By collaborating with multiple development partners, Altus Power has streamlined operations, consolidating these projects to become the... Read more
Reaffirms 2024 Guidance and Long-Term Growth Rates Strategic Accomplishments Signed or awarded 2.2 GW of new contracts, including long-term renewables PPAs and data center load growth at US utilities 1.3 GW of renewables under long-term PPAs 900 MW of new data center load growth at AES Ohio Completed the construction of 1.2 GW; on track to add a total of 3.6 GW of new projects to operations in... Read more
With eighteen solar islands, Brazil's largest floating solar installation will use Tigo TS4-X-O MLPE devices for optimization, module-level monitoring, and safety. TOCANTINS, Brazil / Oct 30, 2024 / Business Wire / Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, announced today that solar development company, Apollo Flutuantes, will deploy 97,200... Read more
COPYRIGHT ©2022 GREEN STOCK NEWS