Solar energy

Enphase Energy Reports Financial Results for the First Quarter of 2024

Retrieved on: 
Tuesday, April 23, 2024

Our non-GAAP operating expenses were $82.6 million in the first quarter of 2024, compared to $86.6 million in the fourth quarter of 2023.

Key Points: 
  • Our non-GAAP operating expenses were $82.6 million in the first quarter of 2024, compared to $86.6 million in the fourth quarter of 2023.
  • Our non-GAAP operating income was $39.0 million in the first quarter of 2024, compared to $65.6 million in the fourth quarter of 2023.
  • Our capital expenditures were $7.4 million in the first quarter of 2024, compared to $20.1 million in the fourth quarter of 2023.
  • On April 11, 2024, Enphase Energy announced the launch of Enphase Power Control software that can integrate with the Enphase® Energy System™ in North America, enabling Enphase Power Control to dynamically control the power produced by an Enphase Energy System.

Cisco and Morgan Solar unlock clean energy adoption in office spaces

Retrieved on: 
Monday, April 22, 2024

TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- Today, Cisco and Morgan Solar, a Toronto-based company that specializes in solutions for integrating solar energy into urban environments, have announced a pilot project to power collaboration and meeting spaces with solar energy.

Key Points: 
  • Cisco and Morgan Solar are piloting a project that powers collaboration and meeting spaces with solar energy.
  • TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- Today, Cisco and Morgan Solar, a Toronto-based company that specializes in solutions for integrating solar energy into urban environments, have announced a pilot project to power collaboration and meeting spaces with solar energy.
  • The concept leverages Morgan Solar’s Energy Blinds, capturing clean, solar energy in a direct current (DC) microgrid, and Cisco’s Power-over-Ethernet (PoE) switch, which helps to distribute energy within the room.
  • If expanded across office spaces, the solution could enable greater energy efficiency and on-site energy generation than rooftop solar alone.

Sunstone Credit Launches Consultant Partner Program to Simplify Lending for Solar Energy Brokers and Their Clients

Retrieved on: 
Thursday, April 18, 2024

NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Sunstone Credit, Inc. , a commercial solar loan platform that helps businesses switch to clean energy, today announced the launch of its Consultant Partner Program, which will give solar energy brokers and consultants easier, quicker access to Sunstone’s loan offerings and extensive installer network.

Key Points: 
  • NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Sunstone Credit, Inc. , a commercial solar loan platform that helps businesses switch to clean energy, today announced the launch of its Consultant Partner Program, which will give solar energy brokers and consultants easier, quicker access to Sunstone’s loan offerings and extensive installer network.
  • To date, energy consultants have typically had limited visibility into lending terms, which forced them to go back and forth with borrowers in a way that slowed their sales process and delayed businesses' transition to solar energy.
  • Sunstone’s new Consultant Partner Program gives consultants and brokers access to all the information they need through an easy-to-use online portal, which makes it faster and simpler for them to close deals.
  • “Sunstone is giving us the tools we need to help our clients go solar without delay, confusion, or compromise,” said Steve Dafnis of EcoLogic Capital.

Sol Systems and SOLARCYCLE Partner to Recycle Solar Panels, Ensuring Greener Solar Solutions

Retrieved on: 
Tuesday, April 16, 2024

Washington, D.C., April 16, 2024 (GLOBE NEWSWIRE) -- Sol Systems , a leader in renewable energy solutions financing and development, and SOLARCYCLE,  an advanced technology-based solar recycling company, announced today a partnership that helps ensure Sol Systems' solar energy projects remain truly sustainable throughout a panel’s lifecycle.

Key Points: 
  • Washington, D.C., April 16, 2024 (GLOBE NEWSWIRE) -- Sol Systems , a leader in renewable energy solutions financing and development, and SOLARCYCLE,  an advanced technology-based solar recycling company, announced today a partnership that helps ensure Sol Systems' solar energy projects remain truly sustainable throughout a panel’s lifecycle.
  • As solar power adoption grows, so does the potential to create a truly domestic, circular economy for solar that is zero-waste.
  • Earlier this year, Sol Systems became one of the first companies in the country to successfully partner with SOLARCYCLE to rapidly and safely recycle panels from a community solar array in Scottsbluff, Nebraska, after it was damaged by extreme weather.
  • "What SOLARCYCLE can do is groundbreaking, and it aligns with Sol Systems’ dedication to sustainability and innovation, especially as solar installations rapidly increase and the need for better end-of-life solutions for solar panels becomes more urgent,” Eugene Rhee, Associate Vice President of Performance Engineering at Sol Systems, said.

Soligent and Sungage team up on savings for their installer partners

Retrieved on: 
Monday, April 15, 2024

This program will provide additional volume-based discounts on solar system hardware and financing to solar installation companies enrolled in Direct Pay.

Key Points: 
  • This program will provide additional volume-based discounts on solar system hardware and financing to solar installation companies enrolled in Direct Pay.
  • With PowerUp, partners can ease equipment capital burdens while unlocking thousands of dollars in potential savings on both financing fees and equipment.
  • Solar installation companies partnered with and approved for both Soligent and Sungage can take advantage of PowerUp.
  • Head to the Sungage blog to learn more about how Direct Pay works and if it’s right for your business.

Bitech Technologies Executes Definitive Agreement with Bridgelink for a Business Combination to Acquire Battery Energy Storage Systems and Solar Projects with estimated capacity of up to 5.8 GW

Retrieved on: 
Monday, April 15, 2024

Emergen controls rights to develop a portfolio of battery energy storage system (“BESS”) projects with a cumulative storage capacity estimated at 1.965 gigawatts (“GW”) and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the “Development Projects”).

Key Points: 
  • Emergen controls rights to develop a portfolio of battery energy storage system (“BESS”) projects with a cumulative storage capacity estimated at 1.965 gigawatts (“GW”) and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the “Development Projects”).
  • The execution of the Definitive Agreement underscores our unified commitment to advancing the Development Projects in the United States including Texas, Arizona, and Louisiana.
  • The Company, under the continued leadership of its current team, will retain its name and ticker symbol while welcoming new executive team members from Bridgelink.
  • “This business combination is a demonstration of a mutually advantageous partnership to benefit our shareholders,” stated Benjamin Tran, CEO of Bitech Technologies.

Fujifilm to Invest Additional $1.2 Billion to Expand its Large-Scale Cell Culture CDMO Business in North Carolina

Retrieved on: 
Thursday, April 11, 2024

TOKYO, April 11, 2024 (GLOBE NEWSWIRE) -- FUJIFILM Corporation today announced an investment of $1.2 billion in its Large-Scale Cell Culture CDMO* Business to further expand the planned FUJIFILM Diosynth Biotechnologies end-to-end bio-manufacturing facility in Holly Springs, North Carolina, bringing the total investment in the facility to over $3.2 billion.

Key Points: 
  • TOKYO, April 11, 2024 (GLOBE NEWSWIRE) -- FUJIFILM Corporation today announced an investment of $1.2 billion in its Large-Scale Cell Culture CDMO* Business to further expand the planned FUJIFILM Diosynth Biotechnologies end-to-end bio-manufacturing facility in Holly Springs, North Carolina, bringing the total investment in the facility to over $3.2 billion.
  • The expansion adds significant large-scale production capacity to FUJIFILM Diosynth Biotechnologies’ global network through its United States and Europe manufacturing hubs.
  • The investment will generate an additional 680 jobs by 2031, also bringing the total number of new, highly skilled local jobs to 1400 in Holly Springs.
  • Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $4.7 billion.

Aspen Power To Acquire Community Solar Portfolio in Illinois

Retrieved on: 
Wednesday, May 1, 2024

Aspen Power , a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that it is partnering with a developer to acquire 20 community solar projects up to 19 MW, primarily in Illinois.

Key Points: 
  • Aspen Power , a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that it is partnering with a developer to acquire 20 community solar projects up to 19 MW, primarily in Illinois.
  • Expanding Aspen’s geographical portfolio plays a significant role in advancing decarbonization and increasing access to green energy in new communities,” said Dan Gulick, Senior Vice President, Community Solar, Aspen Power.
  • This acquisition continues the expansion of states where Aspen Power owns and operates community solar projects.
  • With the addition of the Illinois portfolio, Aspen currently owns and operates community solar projects across five states with community solar programs: Maine, New York, Maryland, and California.

Markley Group Announces Green Power Partnership Program, Fueling the Company’s Commitment to 100 Percent Clean and Renewable Energy

Retrieved on: 
Tuesday, April 30, 2024

Markley Group , a premier provider of mission-critical data center facilities, cloud computing, and network services, today announced its Green Power Partnership (GPP) program.

Key Points: 
  • Markley Group , a premier provider of mission-critical data center facilities, cloud computing, and network services, today announced its Green Power Partnership (GPP) program.
  • This initiative emphasizes Markley Group’s commitment to achieving 100 percent clean and renewable energy while enabling customers to offset carbon emissions and participate in environmental conservation.
  • GPP reports, which serve as renewable energy verification statements, can be used by customers to validate carbon neutrality data for their annual energy usage.
  • Additionally, Markley has purchased Renewable Energy Certificates (RECs) on its customers’ behalf to offset the carbon emissions from non-renewable energy use.

Global and Regional Agrivoltaics Market Analysis and Competitive Landscape, 2023-2024 & 2033: Dual-Revenue Streams for Farmers and Growing Demand for Sustainable Solutions in Agriculture - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 30, 2024

The "Agrivoltaics Market - A Global and Regional Analysis: Focus on Product, Application, and Competitive Landscape, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Agrivoltaics Market - A Global and Regional Analysis: Focus on Product, Application, and Competitive Landscape, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
  • The global agrivoltaics market, which integrates solar energy production with agricultural practices, is poised for significant growth in the coming years.
  • By embracing these strategies, companies can position themselves as leaders in sustainable energy solutions for agriculture, shaping the future of the global agrivoltaics market and meeting the evolving needs of farmers and energy consumers worldwide.
  • Competitive Strategy: The key players in the global agrivoltaics market analyzed and profiled in the study include agrivoltaics projects.