Results for: Clean Energy

SolarEdge Technologies Inc. (SEDG) experienced a significant stock decline on Thursday, driven by a broader slump in the clean energy sector. This downturn was sparked by a price target reduction for First Solar (FSLR), raising concerns about the overall health of the solar industry. While SolarEdge doesn’t directly compete with First Solar in panel manufacturing, its fortunes are closely tied to the broader solar market. The recent inflation data and fears of prolonged high interest rates further dampen the outlook for SolarEdge, as higher financing costs could discourage customers from investing in solar installations.

Zap Energy, a leading force in compact fusion power, has launched its new high-repetition-rate liquid-metal-cooled fusion test platform, Century. The company also secured $130 million in fresh funding, bringing its total funding to over $330 million. These advancements propel Zap Energy closer to its goal of delivering commercially viable fusion power.

The global hybrid power system market is poised for substantial growth, driven by increasing concerns over carbon emissions and the need for reliable power sources. This market analysis highlights the key trends, growth drivers, and challenges shaping this sector, along with a detailed look at the market segments and major players driving innovation.

Tesla’s upcoming Robotaxi Day promises to be a game-changer, while other players in the EV space are also making significant moves. From Nissan’s investment in ChargeScape to Worksport’s innovative clean energy solutions, the EV landscape is rapidly evolving.

NuScale Power, a company specializing in Small Modular Reactors (SMRs), has seen its share price skyrocket in 2024, despite minimal revenue. This article explores the potential of SMRs, NuScale’s progress, and the risks associated with its high valuation.

SolarBank Corporation has secured $1.5 million in grant applications for three fast electric vehicle (EV) charger projects in Ontario, Canada. These projects, developed in partnership with AI Renewable and a First Nation, will contribute to the diversification of SolarBank’s portfolio and advance clean transportation initiatives.

JA Solar, a leading solar panel manufacturer, and One Stop Warehouse (OSW), Australia’s top solar distributor, have signed a significant agreement to expand their partnership globally. This 1 GW solar module distribution deal will cover Europe, the United States, and the Asia-Pacific region over the next three years, furthering their commitment to clean energy transition.

Reunion, a leading clean energy finance company, has facilitated the purchase and sale of over $1.6 billion in clean energy tax credits through Q3 2024. The company has seen significant growth in the market, driven by increased demand for high-quality opportunities from corporations across various industries.

The Indigenous Power & Light Fund, a $100 million initiative, aims to empower Native American tribes and Alaska Native communities by providing vital gap funding for clean energy projects. This fund, supported by leading philanthropies, will unlock billions in federal funding, enabling tribes to achieve energy independence and economic growth while combating climate change.

FarmBox Foods and New A.G.E. have joined forces to address food security and environmental challenges. This partnership utilizes FarmBox’s innovative container farms to produce nutritious food in underserved communities while New A.G.E. focuses on clean energy infrastructure and sustainable living initiatives. Together, they aim to create a more sustainable and equitable world.