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Global solar manufacturing reaches 1.2 TW, said Bloomberg NEF

In its 3Q 2024 global market outlook, Bloomberg forecast the world will install 592 GW in 2024, up one 33% from last year.

Japan’s Toyo Solar announces 2 GW panel factory in US

Toyo Solar has revealed plans to open a 2 GW solar panel factory in the United States and has filed to raise $100 million for a future tunnel oxide passivated contact (TOPCon) solar cell facility.

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Maxeon to offer warranty support for bankrupt SunPower

After closing its business, eligible SunPower customers will have their warranty supported by Maxeon.

EVLO introduces 5 MWh containerized battery energy storage system

EVLO Energy Storage has developed a 5 MWh battery system with a two-hour to four-hour duration in a 20-foot container.

TMEIC to open 9 GW utility-scale solar inverter factory in Texas

TMEIC says it will set up a 9 GW utility-scale solar inverter factory in Texas, in addition to relocating the headquarters of its TMEIC Corporation Americas unit to Houston in March 2025.

Natron Energy announces $1.4 billion sodium ion battery factory in North Carolina

The company will open a 24 GW annual production facility, creating over 1,000 jobs.

Near $1 billion solar cell factory announced in New Mexico

Ebon Solar will invest $942 million in a solar cell manufacturing facility, bringing over 900 jobs.

SunPower goes bankrupt

The residential solar installer has filed for bankruptcy, among the largest in a series of major bankruptcies in the industry.

Heliene and Premier Energies announce U.S. solar cell factory

Heliene is a solar module provider operating in North America, while Premier Energies is the second largest solar cell manufacturer in India.

How long do residential solar batteries last?

Multiple factors affect lifespan of a residential battery energy storage system. We examine the life of batteries in Part 3 of our series.

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