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 bill cancelled residential solar tax credits at the end of 2025 and added new timelines and restrictions for tax credits under Sections 45Y and 48E.| pv magazine USA
Bills to remove bottlenecks popped up across the country this session, but New Jersey's is one of the few that has not yet fallen flat.| pv magazine USA
By adopting tools like SolarAPP+, cities, and counties can cut red tape, foster economic growth, and help their residents access clean, affordable energy—all without requiring new federal policies or complex legislative changes.| pv magazine USA
SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Recent safe harbor agreements and 45X credit sales may help the company on its path to recovery.| pv magazine USA
Faster interconnection of generating resources waiting in PJM’s queue, nearly all renewables, could have resulted in far lower capacity prices in PJM’s latest auction, but instead consumers will pay for PJM’s high capacity prices, says a study by Grid Strategies.| pv magazine USA
Residential solar is about to get more expensive as the 30% investment tax credit expires at the end of 2025. OpenSolar, operator of a free solar design and project management platform, highlights cost-savings opportunities for the industry.| pv magazine USA
