First Solar CEO says tariff exemptions threaten U.S. efforts to ramp up manufacturing

A worker applies tape to a solar panel at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters A flood of foreign solar components threatens efforts to build a domestic manufacturing base in the U.S. to support the clean energy transition, according to First Solar CEO Mark Widmar. In an interview with … Read more

First Solar jumps on strong quarter, record backlog

A solar field is seen on site at First Solar in Perrysburg, Ohio, on July 8, 2022. Megan Jelinger | Reuters First Solar shares jumped Wednesday after reporting another solid quarter, with the company booked solid through 2026 and an order backlog that stretches into the end of the decade. The stock traded as much … Read more

Enphase Energy will lay off roughly 10% of workforce as part of restructuring plan

Igor Golovniov | LightRocket | Getty Images Enphase Energy will lay off 10% of its global workforce as part of a restructuring plan, the solar company disclosed in a regulatory filing on Monday. Enphase manufacturers microinverters that convert solar energy into usable electricity. The company’s stock is down 53% this year as high interest rates … Read more