Saturday - May 24, 2025
Agreements Bolster AES' Position as the Energy Partner of Choice for Corporate Customers ARLINGTON, Va., May 21, 2025 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it has entered into two long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar projects that AES is bringing online in the... Read more
TORONTO and KNOXVILLE, Tenn., May 21, 2025 (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, has filed its audited financial results for the quarter and year ended December 31, 2024 (the “Financial Statements”) and related Management’s Discussion and Analysis... Read more
CAMPBELL, Calif., May 19, 2025 /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 EAGLE® Preserve, its proprietary takeback-and-recycling program for end-of-life solar modules in the U.S., has become the very-first such stewardship program to receive the approval of the... Read more
The IQ Energy Management solution combines AI with the IQ Energy Router suite of products to manage home solar, batteries, EV chargers, heat pumps, and resistive electric water heaters FREMONT, Calif., May 19, 2025 (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 introduced IQ®... Read more
The Financial Arrangement with CounterpointeSRE and Barings also Includes an Expected Issuance of a Second Series of Notes, an Additional Uncommitted $300 Million Shelf Facility and a Tax Credit Purchase Agreement for Future Ameresco Energy Assets FRAMINGHAM, Mass. & STAMFORD, Conn. / May 19, 2025 / Business Wire / Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping... Read more
RIVERSIDE, Calif., May 16, 2025 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, today reported financial results for the quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Revenue: $6.9 million, compared with $5.8 million in the first quarter of 2024. Gross profit: $1.4 million, compared with ($0.5) million in the... Read more
With 77-degree stow, AC-powered control, and integration with ARRAY’s Hail Alert Response system, Hail XP sets a new standard in tracker resilience ALBUQUERQUE, N.M., May 15, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, software and services, today unveiled DuraTrack Hail XP™, the Company’s most advanced... Read more
The implementation of Advanced Metering Infrastructure in the City of Cleveland is projected to recover approximately $6.8 million in water and sewer revenue. FRAMINGHAM, Mass. & CLEVELAND, Texas / May 15, 2025 / Business Wire / Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the completion of a water... Read more
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- TerraForm Power, an affiliate of Brookfield Asset Management and a leading developer, builder and operator of renewable power, today closed on its acquisition of Sun Tribe Development, a mid-sized utility-scale solar and storage developer based in Virginia. With the transaction, TerraForm Power is initiating a new growth strategy, more than doubling its development... Read more
KITCHENER, Ontario, May 15, 2025 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2025. First Quarter Highlights 9.4% year-over-year ("yoy") increase in solar module shipments to 6.9 GW, above guidance of 6.4 GW to 6.7 GW. Net revenues of $1.2 billion, at the high end of $1.0 billion to $1.2... Read more
TORONTO, May 15, 2025 /CNW/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reports its fiscal third quarter and fiscal 2025 interim financial results. All financial figures are in Canadian dollars and in accordance with International Financial Reporting Standards (IFRS) as presented in the interim consolidated financial statements. Fiscal Year-to-Date Financial... Read more
Acquisition of Bentek Corporation adds electrical balance of system (eBOS) suite of products to core solar tracker platform FREMONT, Calif. / May 14, 2025 / Business Wire / Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today announced it has acquired U.S.-based Bentek Corporation, an industry pioneer and manufacturer of electrical... Read more
FREMONT, Calif., May 14, 2025 (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 homeowners in all of New York’s major investor-owned electric utility service territories who install Enphase IQ® Batteries can now qualify to enroll in the NYSERDA New York Battery Incentive... Read more
Record Q4 FY25 Revenue of $924 Million, a 26% Increase Year-over-Year Launches Electrical Balance of Systems (eBOS) Business With Acquisition of Bentek FREMONT, Calif. / May 14, 2025 / Business Wire / Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today announced financial results for the fourth quarter and full year results for fiscal year 2025, ended March 31, 2025. Financial... Read more
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 first quarter ended March 31, 2025. First Quarter 2025 Business Highlights Revenues of $23.8 million, up 30% from the year-earlier period Net loss attributable to stockholders of $15.3 million Operating... Read more
FREMONT, Calif., May 12, 2025 (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 the launch of the Enphase® IQ® Balcony Solar System in Belgium. Designed for plug-and-play installation, the new system empowers apartment dwellers and homeowners with limited roof space to... Read more
TEMPE, Ariz. / May 12, 2025 / Business Wire / Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its second quarter ended March 31, 2025. Second Quarter Fiscal 2025 Financial and Operational Results: Net revenue of $15.6 million Cash of $13.4 million Cash provided by operations of $0.2 million GAAP... Read more
DENVER, May 8, 2025 /PRNewswire/ -- Scanifly, the solar industry's leader in PV design and field operations software, announced a new integration with SnapNrack, a premier solar mounting solutions provider. The partnership connects Scanifly's platform directly to SnapNrack's plan set portal, Blueprint, creating an automated workflow that saves hours of rework on every project. This API integration lets solar... Read more
FREMONT, Calif., May 08, 2025 (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 the availability of new software that allows homeowners with existing legacy IQ7™ Microinverter-based systems to seamlessly expand their... Read more
MUNICH, May 8, 2025 /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 Jinko Solar, Denmark has entered into a Memorandum of Agreement("MoA") with SolarToday to distribute the SunGiga All-in-One products in the Benelux, Romania, Greece, Germany, and Turkey(the... Read more
SAN FRANCISCO, May 07, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, today introduced Sunrun Flex™, the first solar and battery storage solution designed to adapt to customers' changing energy needs. This new offering marks the first significant financial innovation in the solar... Read more
This includes a new EV charger for both residential1 and commercial applications, as well as advanced EV fleet energy management capabilities The new solution is designed to autonomously calculate the most economical energy source to charge a fleet of EVs – whether that’s solar, battery or grid. One of the first beta customers reported a reduction in EV... Read more
FREMONT, Calif., May 07, 2025 (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 the launch of the Enphase® IQ® Balcony Solar System in Germany. Designed for plug-and-play installation, the new system empowers apartment dwellers and homeowners with limited roof space to... Read more
Aggregate Subscriber Value of $1.2 billion in Q1, 23% growth year-over-year Contracted Net Value Creation of $164 million, or $0.72 per share, 104% growth year-over-year Cash Generation of $56 million in Q1, the fourth consecutive quarter of positive Cash Generation Paid down $27 million of recourse debt in Q1 with excess cash Reiterating Cash Generation guidance of $200 million to $500 million in... Read more
First Quarter 2025 Highlights: Revenue of $167.3 million, compared with $174.5 million in the same period last year GAAP net income of $11.9 million, or $0.20 per diluted share, compared with $21.9 million, or $0.37 per diluted share in the same period last year Non-GAAP net income of $22.2 million, or $0.37 per diluted share, compared with $26.4 million, or $0.45 per diluted share in the same period last... Read more
Financing to accelerate SolarBank's growth as an owner of solar power projects in the U.S. TORONTO, May 6, 2025 /CNW/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that CIM Group ("CIM"), a real estate and infrastructure owner, operator, lender and developer, and the Company have entered into a Mandate Letter providing for up to... Read more
MILPITAS, Calif. / May 06, 2025 / 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, 2025. “I am pleased with the steady progress we made on the SolarEdge turnaround this quarter,” said Shuki Nir, CEO of SolarEdge. “We delivered a second straight quarter of positive free cash flow and are... Read more
PORTLAND, Tenn., May 06, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions and components, including battery energy storage solutions (“BESS”) and Original Equipment Manufacturer (“OEM”) components for the global energy transition market, today announced results for its first quarter ended... Read more
2025 First Quarter Highlights Revenue of $302.4 million Gross Margin of 25.3% Adjusted gross margin(1) of 26.5% Net income to common shareholders of $2.3 million Adjusted EBITDA(1) of $40.6 million Net income per basic and diluted share of $0.02 Adjusted net income per diluted share(1) of $0.13 Total executed contracts and awarded orders at March... Read more
All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, May 06, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the first quarter of 2025 ending March 31, 2025. Registration links for the Company’s earnings English and Hebrew conference call and webcasts can be found at the end of this... Read more
CAMPBELL, Calif. / May 06, 2025 / 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, 2025, financial guidance for the second quarter ending June 30, 2025 and a full year 2025 outlook. Recent Financial and Operational Highlights Revenue for... Read more
ALBUQUERQUE, N.M., May 05, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, software and services, today announced the expansion of its SmarTrack® software to include backtracking and diffuse optimization capabilities for its ARRAY STI... Read more
LIBERTY LAKE, Wash., May 05, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, unveils its new Solar Battery Access Point (Solar Battery AP), a solar-powered, battery-operated device to provide reliable network connectivity in areas where traditional mesh networks are not available. The Solar Battery AP combines Itron’s decades of... Read more
PORTLAND, Tenn., May 05, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the execution of a Memorandum of Understanding (MOU) with UGT Renewables to collaborate on up to 12 gigawatts (GW) of global solar projects... Read more
New generation of UL-certified TS4-A products serves higher-wattage modules, delivers even more safety with Multi-Factor Rapid Shutdown capability across product line. CAMPBELL, Calif. / May 05, 2025 / Business Wire / Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today announced the 725W evolution of the TS4-A family of MLPE... Read more
Total Revenue and Adj. EBITDA Growth of 18% and 32%, Respectively Total Project Backlog and Contracted Backlog up 22% and 78% Y/Y, Respectively Total Revenue Visibility of Nearly $10 billion Reiterates 2025 Revenue and Adjusted EBITDA Guidance First Quarter 2025 Financial Highlights: Revenues of $352.8 million Net loss attributable to common shareholders of $5.5 million GAAP EPS of ($0.10) Non-GAAP EPS... Read more
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, May 02, 2025 (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, 2025. “We had a strong start to the year, delivering record results from our large, highly contracted, global operating fleet,... Read more
SAN FRANCISCO, May 01, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, announced today that its CalReady power plant has more than quadrupled in size as the summer heat begins to stress the state’s energy grid. More than 56,000 Sunrun customers’ solar-plus-battery systems—totaling approximately 75,000 batteries—will provide critical energy to... Read more
FREMONT, Calif., May 01, 2025 (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 it has shipped more than 6.5 million IQ® Microinverters and 50 MWh of IQ® Batteries from U.S. contract manufacturing facilities. Approximately one million of those microinverters were made with... Read more
Strategic Accomplishments PPA backlog of 11.7 GW, including 5.3 GW under construction Completed the construction of 643 MW of energy storage and solar; on track to add a total of 3.2 GW of new projects to operations in full year 2025 Signed or awarded new long-term PPAs for 443 MW of solar and energy storage Received final regulatory approval for the 170 MW Crossvine solar-plus-storage... Read more
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