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Sunrise brief: New York policy authorizes $814.6 million to fund energy storage

Also on the rise: A look at the prevailing wage and apprenticeship final rule. Spontaneous glass breakage on solar panels on the rise. And more.

In case you missed it: Five big solar stories in the news this week

pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.

Sunrise brief: Nextracker acquires solar foundation specialist Ojjo for $119 million

Also on the rise: Arizona’s largest energy storage project closes $513 million in financing. Aiko presents ABC solar module with world record efficiency of 25.2% at Intersolar. And more.

Nextracker acquires solar foundation specialist Ojjo for $119 million

Ojjo makes a unique truss system that reportedly uses half the steel of a conventional foundation and a design that minimizes grading requirements.

Arizona’s largest energy storage project closes $513 million in financing

The 1,200 MWh Papago Storage project will dispatch enough power to serve 244,000 homes for four hours a day with the e-Storage SolBank high-cycle lithium-ferro-phosphate battery energy storage solution.

U.S. grid-scale storage grows 84%, residential storage 48%

Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage, while commercial and industrial storage slowed.

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Commercial real estate to host VPP-connected flywheels and batteries

U.S.-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.

Global PV installations may hit 660 GW in 2024, says Bernreuter Research

Bernreuter Research says low module prices will drive demand in the second half of this year. The researchers note the shipment targets of the world’s six largest solar module suppliers, who are aiming for an annual growth rate of 40% on average.

Solar-powered bus depot features green hydrogen production

The integrated microgrid will be connected to the utility, but engineered to operate indefinitely in island mode, according to developer AlphaStruxure.

Sunrise brief: Solar represents over 80% of U.S. electric capacity additions in 2024

Also on the rise: Hawaii’s largest solar-plus-storage facility now operational. Swift Solar closes $27 million in funding, plans perovskite solar factory. And more.

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