Solar

Radiance Solar and Pivot Energy to Complete Five Community Solar Projects in Illinois in 2024

Retrieved on: 
Monday, February 5, 2024

Radiance Solar and Pivot Energy are proud to announce their collaborative venture: a portfolio of five community solar projects in Illinois, with a combined capacity of 19 megawatts, slated for completion in 2024.

Key Points: 
  • Radiance Solar and Pivot Energy are proud to announce their collaborative venture: a portfolio of five community solar projects in Illinois, with a combined capacity of 19 megawatts, slated for completion in 2024.
  • Atlanta-based Radiance Solar, serving as the EPC partner, brings a wealth of experience to the project, having already completed over 10 community solar projects in Illinois.
  • Denver-based Pivot Energy, the owner of the facilities, is one of the leading community solar developers in Illinois and nationwide.
  • Matthew Dunham, VP of Project Management, Pivot Energy added "This partnership with Radiance Solar in developing these significant community solar projects showcases our joint dedication to providing sustainable, accessible clean energy solutions to communities in Illinois."

Holaluz delivers on Normalised EBITDA guidance, reaching 3M€ for FY2023

Retrieved on: 
Wednesday, January 31, 2024

Barcelona, January 31, 2024 (GLOBE NEWSWIRE) -- Holaluz-Clidom S.A. (BME:HLZ) delivers on Normalised EBITDA guidance, reaching 3M€ for FY2023

Key Points: 
  • Barcelona, January 31, 2024 (GLOBE NEWSWIRE) -- Holaluz-Clidom S.A. (BME:HLZ) delivers on Normalised EBITDA guidance, reaching 3M€ for FY2023
    Holaluz doubled its solar market share in 2023 to over 3% by the end of December from 1.6% in 2022.
  • Holaluz, an energy transition company aiming to decarbonise the economy, today provided an update on Q4 2023 KPIs as well as a forecast on normalised EBITDA for the financial year 2023.
  • The company expects to meet the low range ( 3-5 million euros) of normalised EBITDA forecasts for the 2023 financial year according to the business plan published on 31 October, reaching 3M€.
  • Furthermore, in December 2023, Holaluz obtained ISO 14000 certification for its environmental management system (EMS), which reiterates its environmental commitment.

ADT Provides Solar Business Update and Advances Capital Allocation Strategy

Retrieved on: 
Wednesday, January 24, 2024

BOCA RATON, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced it will be exiting its residential solar business. The Company will remain focused on cash flow generation and capital-efficient growth within its core security and smart home business. As part of this continued focus, ADT is also advancing its capital allocation strategy, including a cash dividend increase and authorization of a new share repurchase program.

Key Points: 
  • BOCA RATON, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced it will be exiting its residential solar business.
  • As part of this continued focus, ADT is also advancing its capital allocation strategy, including a cash dividend increase and authorization of a new share repurchase program.
  • As a result of these challenges, the Solar segment generated an Adjusted EBITDA loss of $89 million during this period.
  • As the Company executes share repurchases, the Board will periodically review the remaining authorization as part of its capital allocation strategy.

Solar Integrated Roofing Corp. Provides Corporate and Operational Update

Retrieved on: 
Tuesday, January 23, 2024

HENDERSON, Nev., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Solar Integrated Roofing Corp. (OTC: SIRC) (“SIRC” or “the Company”), an integrated, single-source solutions provider of solar power, roofing and EV charging systems provides updates on the FINRA reverse stock split, sales strategies and Arbiter Capital.

Key Points: 
  • HENDERSON, Nev., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Solar Integrated Roofing Corp. (OTC: SIRC) (“SIRC” or “the Company”), an integrated, single-source solutions provider of solar power, roofing and EV charging systems provides updates on the FINRA reverse stock split, sales strategies and Arbiter Capital.
  • On the residential and roofing front, selling resources is a revenue stream that has been brought back into the mix.
  • Given the solar changes in California, many 1099 reps are no longer in business and a dedicated roofing and solar salesperson will bring a unique advantage to the market.
  • “We are closely monitoring the situation and I will have an update on this timeline the first week of March” adds Rinehart.

Electriq Power Sponsors ISNA/ESNA 2024 Solar Games

Retrieved on: 
Monday, January 29, 2024

Electriq Power Holdings, Inc. (“Electriq”) ( NYSE:ELIQ ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, was a sponsor of the Intersolar North America and Energy Storage North America (ISNA/ESNA) 2024 Solar Games Competition, hosted at the San Diego Convention Center from January 17-19, 2024.

Key Points: 
  • Electriq Power Holdings, Inc. (“Electriq”) ( NYSE:ELIQ ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, was a sponsor of the Intersolar North America and Energy Storage North America (ISNA/ESNA) 2024 Solar Games Competition, hosted at the San Diego Convention Center from January 17-19, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240129514111/en/
    Solar Games participant installs Electriq Power's PowerPod 2 in 2024 Solar Games competition.
  • (Photo: Business Wire)
    The 2024 Solar Games tournament featured eight residential solar installer teams from across the U.S., each installing a complete on- or off-grid solar + storage system under a 90-minute time limit.
  • The bracket-style games culminated in the championship round on January 19, which resulted in Aloha Solar Power winning the Solar Games Champion title and earning a $10,000 cash prize.

Greenwood Sustainable Infrastructure (GSI)-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada

Retrieved on: 
Wednesday, January 24, 2024

Iyuhána Solar partnership with GSI, Saturn Power, and Canadian Indigenous peoples Ocean Man First Nation awarded Canada's largest solar utility PPA since 2015 to develop, construct, and operate solar project in Saskatchewan.

Key Points: 
  • Iyuhána Solar partnership with GSI, Saturn Power, and Canadian Indigenous peoples Ocean Man First Nation awarded Canada's largest solar utility PPA since 2015 to develop, construct, and operate solar project in Saskatchewan.
  • Developed in partnership with Ocean Man First Nation, the project will be one of Canada's top 10 solar facilities by size.
  • "We are proud to bring the transformative power of solar energy to Saskatchewan by working with partners such as Ocean Man First Nation," said Mazen Turk, CEO of GSI.
  • As a founding partner, Ocean Man First Nation will have an ownership stake in Iyuhána Solar.

Solar PV Tracker Market to increase by USD 9.7 billion between 2022 to 2027; North America accounts for 32% of the market growth - Technavio

Retrieved on: 
Monday, January 15, 2024

To find a preview of the market overviews, market drivers, opportunities, and potentials request a free sample report

Key Points: 
  • To find a preview of the market overviews, market drivers, opportunities, and potentials request a free sample report
    Solar PV Tracker Market 2023-2027: Company Analysis
    The solar PV tracker market is fragmented due to the presence of many global and regional players.
  • The global off-grid solar PV tracker market is expected to grow rapidly during the forecast period due to the Rise in investments in renewable energy.
  • All Earth Renewables: The company offers solar PV tracker such as dual axis solar tracker.
  • Solar PV Tracker Market 2023-2027: Segmentation Analysis
    The market share growth by the single axis tracker segment is significant during the forecast period.

Jackery's Revolutionary Solar Generator Mars Bot Has Garnered the CES Innovation Award

Retrieved on: 
Saturday, January 13, 2024

Recognized for its innovation, the Solar Generator Mars Bot has clinched the prestigious CES Innovation Award for its autonomous navigation and cutting-edge sun-tracking capabilities.

Key Points: 
  • Recognized for its innovation, the Solar Generator Mars Bot has clinched the prestigious CES Innovation Award for its autonomous navigation and cutting-edge sun-tracking capabilities.
  • The Jackery Solar Generator Mars Bot stands at the forefront of intelligent solar technology, seamlessly blending innovation with practicality.
  • Recognized for its groundbreaking design and technological advancements, the Jackery Solar Generator Mars Bot has been honored with the CES Innovation Award, a testament to its excellence in the field of sustainable energy solutions.
  • In a world where sustainable energy solutions are paramount, the Jackery Solar Generator Mars Bot stands as a shining example of innovation, reliability, and versatility.

Jackery's Revolutionary Solar Generator Mars Bot Has Garnered the CES Innovation Award

Retrieved on: 
Saturday, January 13, 2024

Recognized for its innovation, the Solar Generator Mars Bot has clinched the prestigious CES Innovation Award for its autonomous navigation and cutting-edge sun-tracking capabilities.

Key Points: 
  • Recognized for its innovation, the Solar Generator Mars Bot has clinched the prestigious CES Innovation Award for its autonomous navigation and cutting-edge sun-tracking capabilities.
  • The Jackery Solar Generator Mars Bot stands at the forefront of intelligent solar technology, seamlessly blending innovation with practicality.
  • Recognized for its groundbreaking design and technological advancements, the Jackery Solar Generator Mars Bot has been honored with the CES Innovation Award, a testament to its excellence in the field of sustainable energy solutions.
  • In a world where sustainable energy solutions are paramount, the Jackery Solar Generator Mars Bot stands as a shining example of innovation, reliability, and versatility.

Bitech Technologies Executes a Binding LOA with Bridgelink for a Business Combination to Develop 5.8 GW of Utility Power for BESS and Solar Projects including Pre-Negotiated Financing and Key Resources Procurement

Retrieved on: 
Friday, January 12, 2024

These strategic initiatives between Bitech and Bridgelink underscore our joint force commitment to advancing BLD’s 3.840 gigawatts (GW) of solar projects and 1.965 GW of Battery Energy Storage Systems (BESS) projects in the United States including Texas, Arizona, and Louisiana.

Key Points: 
  • These strategic initiatives between Bitech and Bridgelink underscore our joint force commitment to advancing BLD’s 3.840 gigawatts (GW) of solar projects and 1.965 GW of Battery Energy Storage Systems (BESS) projects in the United States including Texas, Arizona, and Louisiana.
  • The pre-negotiated financing, procurement efforts, and joint venture partnership are pivotal steps in accelerating the development and deployment of sustainable energy solutions.
  • The Business Combination calls for a capital infusion of not less than a $50 Million into the newly combined entity upon closing this transaction.
  • “Bitech is delighted to announce our partnership with Bridgelink, a leading company in the solar and energy storage industry.