SolarEdge will shutter its energy storage unit and manufacturing, cutting 500 jobs.| pv magazine USA
SolarEdge reported $260.9 million in revenue for the third quarter of 2024, down from $725.3 million in the same quarter last year. The Israeli manufacturer also posted an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications.| pv magazine USA
The Bureau of Land Management has officially cancelled the Esmeralda 7 solar project, a Nevada-based project that would stand among the world’s largest solar power plants, large enough to power nearly 2 million homes.| pv magazine USA