The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.
The company shipped 455 MW-AC of inverters from January through March and predicted revenues for Q2 to be within the range of $120 million to $130 million
The high-efficiency solar manufacturer is still bleeding red ink, as it begins shipping its lower-cost P-Series modules and continues its restructuring.
A U.S. research team from the Michigan Technological University is assessing the technical and economic viability of military microgrids run on solar power.
With California getting a higher portion of its electricity from solar than any non-island nation, the stakes are high with this summer’s eclipse. Fortunately, Europe has already been down this road.
Minnesota installed 203 MW-DC of solar during the first quarter, adding to 207 MW deployed in 2016. The state is expecting to reach more than 800 MW of installed capacity by the end of this year.
The first full quarter since Tesla’s acquisition of SolarCity shows a 30% fall in watts of solar deployed, as the company focuses on preparations for the roll-out of its Solar Roof and Model 3 electric vehicle, including expanded battery production.
The latest NCCETC report on state solar policies finds some new twists as part of an ongoing attempt by utilities to weaken the economics of customer-owned solar, but regulators still mostly aren’t on board.
Despite a challenging financial environment, NRG continues its solar expansion, including an increasing presence in community solar.
The latest efficiency milestone for Natcore’s Foil Cell is verified by the NanoPower Research Lab at Rochester Institute for Technology. The result was achieved on the Natcore Foil Cell, which utilizes a lasering process and novel metallization strategy, eliminating the need for costly silver.
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