Lumio, a leading provider of personalized renewable energy solutions, has appointed Dan Larkin as its Chief Strategy Officer. With over a decade of experience in the solar industry, Larkin’s expertise will play a crucial role in driving Lumio’s growth and enhancing its market presence through strategic partnerships and innovative programs. Larkin’s extensive knowledge of the solar industry, from sales optimization to streamlining operations, will be instrumental in unlocking new growth opportunities for Lumio.
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Get ready to power up your home or outdoor adventures with the EcoFlow Delta 2 Max Solar Generator, now available on Amazon for an incredible 33% off. Usually priced at $2,998, this limited-time deal brings it down to a budget-friendly $1,999. With its high conversion efficiency and multiple charging options, this solar generator ensures seamless power supply no matter where you go. Read on to discover why the EcoFlow Delta 2 Max Solar Generator is an investment worth considering.
Qcells’ residential and commercial solar panels have achieved the stringent sustainability criteria set by the Global Electronics Council (GEC), making them one of the first solar panels to meet EPEAT’s new Federal Acquisition Requirements (FAR). This certification validates the company’s commitment to environmental stewardship and aligns with the federal government’s goal to electrify buildings and fleets by 2050. EPEAT also announced a new requirement for registered solar panels and inverter products to have an embodied carbon level below a given threshold, ensuring manufacturers consider their carbon footprint in production.
Atlantic Sapphire, a pioneer in sustainable aquaculture, has joined forces with the Florida Power & Light Company (FPL) to reduce its carbon footprint by 45% through solar energy. This partnership aligns with the company’s commitment to environmentally conscious seafood production. By becoming part of FPL’s SolarTogether program, Atlantic Sapphire will offset a significant portion of its energy consumption, demonstrating its commitment to sustainability and innovation within the aquaculture industry.
Maxeon Solar Technologies, Ltd. (NASDAQ: ) reported financial results for the first quarter ended March 31, 2024, experiencing challenges due to market conditions, demand disruptions, and project pushouts. To address these issues, Maxeon secured additional capital from its largest shareholder, TCL Zhonghuan Renewable Energy Technology Co. Ltd. (TZE), through debt and equity investments. The Company also exchanged 2025 convertible notes for new bonds due in 2028, subject to regulatory approvals.
Nexus Renewables and Apricus Generation have announced the completion of Apricus’ acquisition of a controlling stake in Nexus. This strategic partnership aims to create an industry-leading platform for the development, aggregation, ownership, and operation of solar and energy storage technologies. Nexus Renewables, founded in 2020, has amassed over $1 billion in committed equity and debt financings and advanced over 500 MW of solar and energy storage projects across North America. The investment from Apricus Generation will allow Nexus to expand its capabilities and seize significant market opportunities in the energy transition. Apricus’ founders bring extensive experience in scaling businesses, corporate governance, operations, and capital markets, providing valuable guidance for Nexus’ growth. The combined expertise of both companies will empower Nexus to serve as a solution provider and consolidator for the underserved market segment of energy developers.
The transformers market for renewable energy is projected to grow significantly, driven by the increasing adoption of renewable energy sources worldwide. These transformers are used to convert and manage the electrical energy generated from renewable sources such as solar, wind, and hydro. The market is expected to grow at a compound annual growth rate (CAGR) of 4.65% from 2024 to 2028.
The global thermal energy storage market is expected to grow from 2024-2028, with a CAGR of almost 9.61%. This growth is due to the increasing demand for renewable electricity capacity, investments in renewables, and the need to meet Paris Climate targets. Thermal energy storage systems play a crucial role in the renewable energy sector, particularly in addressing the intermittency challenges of solar and wind power. These systems enable the conversion of excess renewable energy into heat, which can be later used for power generation during peak demand or supply chain disruptions.
Active Surfaces, an innovative solar panel startup, has secured substantial funding in an oversubscribed pre-seed round led by Safar Partners and joined by a diverse group of investors, including institutional VCs and corporate backers. The company’s mission is to transform the built environment with its lightweight, flexible solar panels that can be integrated into virtually any surface.
In an interview with ‘Money Movers’, First Solar CEO Mark Widmar delves into the current state of solar industry policy, the implications of excess inventory, and its impact on pricing. Widmar shares insights on how these factors are shaping the industry landscape and provides valuable perspectives on the future of solar energy.