Core Insights - PowerBank Corporation has announced the safe harbor of 15 late-stage distributed solar and energy storage projects in New York, which are expected to generate approximately 67 MW DC of solar power and 11 MWh of energy storage, enough to power around 7,500 homes [1][3][7] - The projects are eligible for a 30% Investment Tax Credit and potential bonus adders, amounting to $65 million in tax credit eligibility [1][7] - PowerBank aims to complete the permitting process and secure financing for the construction of these projects, with positive interconnection studies already secured for 14 of the 15 projects [2][6] Project Details - The projects vary in size from 500 kW DC to 7 MW DC for distributed solar and from 1.2 to 8 MWh for battery energy storage systems [3] - Once operational, the projects will function as either community solar or net-metered projects, providing economic savings and environmental benefits to local residents [4][5] Company Background - PowerBank Corporation is a leader in renewable energy project development, focusing on distributed and community solar projects in North America, with a development pipeline exceeding 1 GW and over 100 MW of completed projects [6][10] - The company is positioned to deliver reliable renewable energy solutions through strategic partnerships and institutional-grade development capabilities [6] Industry Context - The projects contribute to New York's goal of achieving 10 GW of distributed solar and 6 GW of energy storage by 2030, with the state leading the U.S. in community solar capacity [7]

Silver climbed to a fresh record recently. iShares Silver Trust (SLV) has gained 97.3% so far this year (as of Dec. 2, 2025), outperforming SPDR Gold Trust (GLD) , which has advanced about 58%. The GLD ETF has advanced 5% over the past month, while SLV has surged 21.4% during the same timeframe.  Rising speculative positions, thanks to expectations of persistent supply tightness and the prospect of lower U.S. borrowing costs, led to the rally in silver prices. Below, we highlight a few reasons that can driv ...

THORNTON, Colo., Dec. 03, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (“Ascent”), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced that it recently provided test modules of its thin-film PV technology to a leading space company. The modules are currently being tested on their ability to generate power for spacecraft in Cislunar space, the region of space between the Earth and the moon. Preliminary findings fro ...

Core Insights - Nextpower has announced the opening of an expanded Southeast regional hub and a new Remote Monitoring Center in Nashville, along with a significant increase in U.S. steel fabrication capacity [1] - The new fabrication line, operated by MSS Steel Tubes USA, will double Nextpower's manufacturing capacity for solar tracker systems, supporting utility-scale power plants across the Southeast [1] - The Southeast region added 5 gigawatts (GW) of solar capacity in 2024, bringing the total to nearly 28 GW, with projections to reach 54 GW by 2030 [1] Company Developments - Nextpower's expansion includes the addition of a new fabrication line that is expected to create 150 new jobs, building on the existing 120 skilled jobs at the facility [1] - The partnership with Silicon Ranch Corporation, which has installed over 4 GW of solar energy capacity, is crucial for supporting domestic manufacturing and meeting the increasing demand for electricity in the region [1] - The new Remote Monitoring Center will connect Nashville-based engineers to Nextpower solar tracker projects globally, enhancing operational efficiency [1] Industry Context - The expansion reflects a broader trend in the Southeast, where energy infrastructure is evolving to meet growing clean energy demands [1] - The collaboration between Nextpower and MSS Steel Tubes emphasizes a commitment to American manufacturing and the clean energy transition [1] - The Tennessee Chamber of Commerce highlights the economic momentum and job creation associated with Nextpower's investment in the region [1]

TEL AVIV, Israel and BUCHAREST, Romania, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Econergy Renewable Energy (TASE:ECNR), a leading European Independent Power Producer (IPP), has signed a €40.5 million project-finance agreement with Unicredit Bank for its 87 MW Oradea solar project in Crișana region in north-west Romania. The project has been fully connected to the grid and generating revenues since August 2025. The facility will be used, among other purposes, to refinance the loans that funded the project’s constr ...

Core Insights - The rising demand for solar energy is attracting investor interest in companies within the solar value chain, particularly First Solar (FSLR) and Canadian Solar (CSIQ) [1][2] Group 1: Industry Trends - Solar power is rapidly growing as a solution for cleaner energy, with significant increases in solar photovoltaic (PV) installations across various markets [2] - Government incentives, corporate decarbonization efforts, and consumer adoption of renewable technologies are driving the surge in solar deployment [2] Group 2: First Solar (FSLR) Overview - First Solar is expanding its manufacturing capacity to meet global solar demand, producing 3.6 gigawatts (GW) and selling 5.3 GW of modules in Q3 2025, with a total nameplate capacity of 23.5 GW [3] - The company is adding a new 3.7 GW module finishing line in the U.S., expected to begin operations in late 2026, which will enhance its global presence and revenue growth [3] - A new $1.1 billion AI-enabled manufacturing facility in Louisiana will add 3.5 GW of annual capacity, improve quality control, and reduce costs while using U.S.-sourced materials [4] Group 3: Canadian Solar (CSIQ) Overview - Canadian Solar is a vertically integrated clean-energy company, known for high-quality crystalline silicon solar panels and expanding into energy infrastructure, including large-scale solar power plants and energy-storage projects [5] - The company secured a German battery energy storage system contract in November 2025, marking a strategic shift towards becoming a full-fledged energy-storage and grid-solutions provider [6] Group 4: Financial Performance and Estimates - The Zacks Consensus Estimate for First Solar's 2025 earnings per share (EPS) indicates a decrease of 3.25%, while Canadian Solar's EPS estimates show increases of 18.94% for 2025 and 61.5% for 2026 [8][10] - First Solar has a total debt to capital ratio of 5.8%, significantly lower than Canadian Solar's 60.41% [11] - In the past six months, FSLR shares have risen by 64.8%, while CSIQ shares have increased by 149.5% [12] Group 5: Valuation Comparison - FSLR shares trade at a forward Price/Sales (P/S F12M) multiple of 4.56, compared to CSIQ's P/S F12M of 0.22, indicating a significant valuation difference [13] Group 6: Strategic Positioning - Both companies operate in the solar market but with different strategies; Canadian Solar focuses on scale and a diversified clean-energy ecosystem, while First Solar emphasizes high-efficiency thin-film technology and U.S.-based production [14] - Currently, Canadian Solar is favored due to its better price performance and earnings growth compared to First Solar [15]

Core Insights - Econergy Renewable Energy Ltd. has successfully connected its 52MW Resko solar project in Poland to the national electricity grid, marking a significant milestone for the company [1][5] - The project is co-owned by Econergy UK and The Phoenix Insurance Company Ltd., with Econergy UK holding a 51% stake [2] - A Virtual Power Purchase Agreement (vPPA) has been signed with Apple Inc., under which Apple will purchase approximately 75% of the project's electricity output for 19 years [3] - Econergy UK has received a Distribution System Operator (DSO) license from Poland's Energy Regulatory Office, enhancing its operational flexibility for future projects [4][5] - The company has a robust project pipeline exceeding 14GW, positioning it as a leader in Europe's renewable energy transition [5] Company Overview - Econergy Renewable Energy Ltd. is a leading European Independent Power Producer (IPP) specializing in solar, wind, and energy storage projects across key European markets [5] - The company is committed to executing its growth plans with momentum into 2026 and beyond [5]

Core Insights - Thunder Power Holdings, Inc. is accelerating the integration of its Taiwan assets and expanding its renewable energy portfolio, aiming for a tenfold increase in solar capacity to support its operational objectives for the third quarter of 2025 and to initiate steps toward relisting on NASDAQ [1][5]. Share Exchange and Integration - The company is finalizing a share exchange agreement with Electric Power Technology Limited, with closing expected by the end of 2025, pending regulatory and shareholder approval [2]. Solar Power and Clean Energy Expansion - Thunder Power is acquiring 100% equity in 16 solar power plants in southern Taiwan, increasing its managed capacity from 0.5 MW to 4.5 MW, which is projected to generate over NT$20 million in annual recurring revenue [3]. - The company is also evaluating acquisitions of engineering, procurement, and construction (EPC) solar providers and reviewing seven solar power projects ranging from 300 kW to 1.5 MW to enhance vertical integration and margins in renewable energy [4]. Ongoing Strategic Initiatives - The company is focused on maximizing project value through market data analysis and government incentives, aiming for strong returns aligned with Taiwan's renewable energy targets. Management is also seeking new financing options for energy storage and green technologies [5]. - The CEO emphasized the commitment to closing the merger with TW Company and expanding the green energy portfolio, with plans for further solar asset acquisitions targeting up to 50 MW in total by 2026 [5]. Financial Highlights - For the third quarter of 2025, Thunder Power reported no revenues as it continues pre-commercial development of electric vehicles. General and administrative expenses were $0.4 million for the quarter, reflecting a year-over-year decline [6][7]. - The net loss for the quarter was $0.4 million, with a total net loss of $1.7 million for the nine-month period, resulting in a loss per share of $0.01 for the quarter and $0.03 for the nine months [6]. Cash Position and Concerns - As of September 30, 2025, the company had cash on hand of $16.441 million, but faces material uncertainty regarding its ability to continue as a going concern due to significant operating losses and constrained cash inflow [10].

“It’s the writing on the wall.” Pakistan’s energy minister tells our @JNBPage why Chinese solar imports are putting the national grid under strain, on “Drum Tower” https://t.co/AQ8kOGNGkF ...

Group 1 - Elon Musk predicts that solar electricity will become the primary power source for civilization, addressing the energy crisis driven by AI demands [1][2] - The global power demand is expected to increase by 30% by 2035, primarily due to the energy needs of AI, leading to concerns that electricity rates could double in five years [2][5] - Industry leaders are proposing innovative solutions to the energy crunch, including orbital data centers and floating data centers utilizing cold seawater for cooling [3][4] Group 2 - Musk's SpaceX Starship is identified as a critical technology for making orbital data centers economically viable, highlighting the connection between Musk's ventures and the AI industry's power challenges [5][6] - Notable companies in the solar and energy sectors have shown strong year-to-date and one-year performance, with Sunrun Inc. leading at 84.82% YTD [7]