Higher Power PV Modules Drive Up BOS Costs

The Town of West Hartford and Greenskies Clean Focus, a national leader in commercial renewable energy development, have completed a rooftop solar installation at the Town’s Department of Public Works facility, further advancing West Hartford’s commitment to expanding renewable energy across municipal infrastructure and achieving its goal of 100 percent clean energy by 2050.

Developed and constructed by Greenskies, which will own and operate the system over the long term, the installation provides on-site renewable electricity for the facility under a 20-year power purchase agreement (PPA). The project offsets a portion of the building’s electricity use, locks in a lower energy rate to help reduce municipal operating costs, and supports the Town’s long-term climate and energy goals.

The new system replaces a solar array originally installed at the facility in 2012, which was removed in 2022 to accommodate the building’s roof replacement. The upgraded installation restores on-site solar generation and continues the Town’s commitment to deploying clean energy across municipal infrastructure.

“The Town of West Hartford is committed to a clean energy future and actively pursues opportunities for both on-site and off-site solar, as well as purchasing renewable energy credits (RECs) to offset carbon emissions from traditional grid-based consumption,” said Catherine Diviney, Energy Specialist for the Town of West Hartford and West Hartford Public Schools.

West Hartford has established itself as a leader in municipal sustainability. The Town’s Comprehensive Energy Plan, adopted in 2021, commits the community to achieving 100 percent clean energy by 2050. In recognition of its climate leadership and sustainability initiatives, West Hartford earned Gold-level certification from Sustainable CT in 2024.

“Communities like West Hartford are demonstrating how municipal infrastructure can play an important role in advancing practical clean energy solutions,” said Ryan Linares, Head of Real Estate at Greenskies Clean Focus. “We’re proud to support the Town’s long-term energy strategy and help deliver reliable renewable power that benefits both taxpayers and the environment.”

The Department of Public Works installation builds on West Hartford’s broader efforts to improve energy efficiency, expand renewable energy use across municipal buildings, and strengthen local climate resilience.

Greenskies Clean Focus | www.greenskies.com

Town of West Hartford | www.westhartfordct.gov

The Seattle-based nonprofit Coltura launched the Weekly EV Cost Savings Index—a free, interactive online tool that shows drivers how much they can save by switching to an electric vehicle.

Users select their state, vehicle type (car or truck/SUV), and annual mileage. The index instantly calculates their savings using current local gas and electricity prices, updated weekly.

For the average American driver covering approximately 15,000 miles per year, the index shows savings of $1,805 annually on fuel and maintenance, based on national data. The savings are even more remarkable for high-mileage drivers. Someone logging 25,000 miles a year would save on average $3,008 per year. Every mile driven in a gasoline vehicle costs more than the equivalent mile driven on electricity. As gasoline prices spike, that gap only widens.

Why Right Now Matters

The Iran war has sent gasoline prices up more than 30% since late February, with experts warning that prices are likely to remain elevated as long as the Strait of Hormuz remains blocked.

Unlike gasoline, the price of electricity is largely insulated from global oil market volatility. Electric vehicle drivers charge at home or at local charging stations. Their cost per mile stays relatively stable regardless of what is happening in the Middle East. The EV Cost Savings Index quantifies that advantage by state and driving habit.

What the Tool Does

The EV Cost Savings Index allows users to:

• Select their state to reflect local gas prices and electricity rates (updated weekly).
• Choose their vehicle type — car or SUV/truck — for a direct comparison.
• Set their annual mileage using a simple slider.
• Choose what to calculate — fuel savings only, or fuel and maintenance savings combined.

"With gas prices rising every week, drivers are right to ask whether an EV could protect them from the volatility. The answer is yes — and we built this tool so anyone can see exactly how much protection, in their own state, for their own driving habits. If you're putting 25,000 miles a year on a gasoline vehicle right now, you're losing $3,008 a year compared to what you'd pay in an EV. That's real money."

— Janelle London, Co-Executive Director, Coltura

The EV Cost Savings Index is free and available at data.coltura.org/ev-savings-index.

Coltura | coltura.org

Terrasmart, a leading provider of solar racking technologies, installation services, and project optimization software, announced the official launch of its new "Peak Production Package" for its proprietary PeakYield solar tracker software. PeakYield enhances tracker performance to minimize downtime, protect sites from weather events, and streamline troubleshooting. Available for solar sites across the size spectrum, from utility-scale to distributed generation sites, the Peak Production Package offers enhanced features for challenging sites with undulating or uneven terrain and diffuse lighting or cloudy conditions. These enhancements include topography informed backtracking and irradiance optimized tracking.

Terrasmart's proprietary tracking algorithms were recently validated by DNV, the world's leading testing, certification, and technical advisor to the energy sector. Together, the proprietary algorithms can generate an up to 5% improvement in performance gains. Beyond on-site production, the endorsement fosters access to project financing, giving developers more detailed estimates in financial modelling and specifics on potential additional backtracking credits.

Tracker optimization is frequently designed for use in large utility-scale builds, leaving distributed generation projects and sites under 20 MW without the same advantages related to production gains and easier O&M. Terrasmart's Peak Production Package is a flexible solution for solar builds of all sizes. The base PeakYield package provides backtracking, weather stows, real-time data, and remote access to sites. The Peak Production Package builds on everything in the base package with premium features including topography informed backtracking and irradiance optimized tracking. Both features benefit from row-to-row optimization where individual rows can be positioned at different angles to maximize gains and minimize shade. As a result, the Peak Production Package automates optimal energy capture, providing real-time and real-world value.

"We're proud that PeakYield is known for its industry-leading yield optimization. The Peak Production Package builds on this foundation with sophisticated enhancements that further maximize production," says Ashton Vandemark, Vice President, Software Solutions, Terrasmart. "On top of its proven energy yield benefits, the Peak Production Package opens new doors of opportunity to projects that typically don't have access to this elevated level of technology, especially additional yield improvement on distributed-generation scale solar sites. In fact, additional energy gains from our topography informed backtracking are already being leveraged when modeling energy production during the financing stage." 

Terrasmart | https://www.terrasmart.com/

Amensolar — a leading manufacturer of residential solar inverter solutions, and EVONOMY Energy — a leader in architecting sustainable power generation, distribution, and energy storage systems, announced a strategic partnership designating EVONOMY Energy as an official Tier-1 resale partner for Amensolar solutions in the United States.

DRIVING VALUE IN RESIDENTIAL ENERGY ADOPTION

"Amensolar is excited to partner with EVONOMY Energy to bring reliable and affordable solar solutions to the U.S. market. With EVONOMY Energy’s expertise in system design and Amensolar’s high-performance technology, we’re committed to helping customers achieve greater energy independence and long-term savings,” said Mr. Eric Fu, General Manager of Amensolar. "Together, we’re paving the way for a more sustainable energy future."

"EVONOMY Energy is pleased to be an official Tier-1 resale partner for Amensolar's residential product lines in the United States," said Anthony R. Giesey, Chief Executive Officer at EVONOMY Energy. "Amensolar's portfolio delivers a sophisticated range of inverter solutions that bridge the gap between premium features and market accessibility. By integrating Amensolar's solutions into our portfolio, EVONOMY Energy can make high-performance solar investments viable for a broader range of customers."

Amensolar | www.amensolar.com

NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable energy storage solutions, announced it has received its first purchase order from Luminia LLC (“Luminia”), a California-based leader in distributed energy development, under the strategic supply collaboration the two companies announced in December 2025.

The purchase order, valued at approximately $1.9 million for 40 units of NeoVolta's NVGAIN-125K261 commercial and industrial battery storage system, represents the first definitive commercial transaction to emerge from the December 2025 collaboration framework and a critical validation of NeoVolta's integrated C&I platform strategy. This milestone accelerates NeoVolta's entry into the commercial and industrial storage segment, demonstrates the Company's ability to generate near-term C&I revenue using its existing certified product portfolio, and lays the groundwork for a broader, long-term strategic collaboration with one of the most active C&I energy storage developers in the United States.

Unlocking the Broader Opportunity: From Supply Agreement to Strategic Collaboration

In December 2025, NeoVolta and Luminia announced a strategic supply collaboration framework under which NeoVolta would receive a right of first refusal to supply battery energy storage systems across Luminia's portfolio of California solar-plus-storage projects, representing up to 160 MWh of potential supply and approximately $39 million in potential equipment revenue. Today's purchase order is the first concrete step related to that framework.

Luminia operates as a platform-scale developer with a substantial contracted demand base and a growing active project pipeline across California's commercial, municipal, and community energy storage market. The company's development activity positions it as one of the more significant participants in the U.S. C&I distributed storage segment, and NeoVolta views the relationship as a platform for sustained, multi-year demand rather than a series of isolated transactions.

While this initial purchase order reflects the existing supply collaboration framework, both companies expect the relationship to evolve into a deeper strategic relationship encompassing joint project execution, expanded product deployment, and integrated C&I solutions as NeoVolta's Georgia manufacturing facility ramps toward mid-2026 production.

A Validation of NeoVolta's Integrated C&I Strategy

The C&I energy storage segment represents a significant and growing market opportunity, one that has historically been underserved by both residential installers and large utility-scale EPC firms. Demand for bankable, FEOC-compliant, domestically sourced solutions is accelerating, and NeoVolta believes its integrated platform is uniquely positioned to meet it.

By combining a certified, market-ready product portfolio with an established developer partner offering turnkey EPC and project financing capabilities, NeoVolta is able to offer C&I customers fully structured, bankable energy storage solutions. The Company's Georgia manufacturing facility, on track for a mid-2026 production ramp, will further strengthen this position by adding domestic supply capacity aligned with IRA incentive frameworks.

Today's purchase order is tangible evidence that this strategy is working. NeoVolta is winning C&I business now, with existing products, ahead of its manufacturing ramp, and alongside a partner with one of the most active project pipelines in the U.S. C&I market.

“Receiving this first purchase order from Luminia is a significant milestone that validates both our C&I strategy and the strength of our relationship,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “When we announced our collaboration with Luminia in December, we described it as a platform capable of driving sustained demand over time. This purchase order is the first evidence of exactly that, and we expect this relationship to continue to deepen as we bring our Georgia manufacturing facility online and expand our integrated C&I solutions.”

“This first purchase order is an important step in executing a programmatic deployment model we’ve built to scale across commercial and community portfolios,” said David Field, CEO and Co-Founder of Luminia. “The demand we are seeing from C&I customers for domestically sourced, fully certified battery storage solutions is real and growing and this order marks the beginning of a repeatable project pipeline with NeoVolta.”

Accelerating NeoVolta's Multi-Vertical Platform

This transaction is a meaningful proof point in NeoVolta's broader strategy to build a vertically integrated energy solutions platform spanning residential, commercial and industrial, and utility-scale markets. NeoVolta's C&I approach is built on partnering with established project developers and financing platforms such as Luminia, enabling the Company to offer customers fully structured, bankable energy storage solutions rather than simply supplying hardware.

The Luminia relationship also provides forward demand visibility that supports production planning at NeoVolta's Georgia manufacturing facility, where initial 2 GWh annual capacity – scalable to 8 GWh subject to additional capital investment and operational milestones – is expected to ramp in mid-2026.

NeoVolta will supply 40 units of the NVGAIN-125K261 under this purchase order, including on-site commissioning support across selected sites. The Company will provide updates on material developments under the broader Luminia collaboration as they occur.

NeoVolta | www.neovolta.com

Luminia | https://luminia.io

Advantage Capital, a leading impact investment firm, announced the closing of a $158 million tax equity investment in the Medway Grid Energy Battery Storage project in Medway, Massachusetts. This 250MW battery energy storage system (BESS) is the largest to date in the state and among the largest in the Independent System Operator of New England region (ISO-NE), which covers all six New England states. The project was backed by Vitol, the world’s leading independent energy trader and developed by Vitol’s VC Renewables team, which also manages the system.

Advantage Capital’s Energy Finance team leveraged federal Investment Tax Credits (ITC) as part of the deal, a critical financing tool that supports the development of new energy resources and technologies to address the skyrocketing demand for energy around the country.

“Massachusetts has long supported the development of clean energy resources and innovation, and we are proud to partner with VC Renewables to make the Medway project our first standalone BESS in ISO-NE,” said Tom Bitting, Managing Director, Advantage Capital. “Citizens and businesses in the region will now benefit from the project’s underlying support for a more resilient power grid and greater price stability. In addition, the project will generate significant local property tax revenue, directly supporting municipal services and contributing meaningful, long-term economic benefits to the Medway community.”

Battery storage technologies enable electricity to be stored when supply exceeds demand and discharged when it is needed most. Utility-scale battery systems help grid operators maintain reliability by shifting energy from lower-demand periods—such as overnight—to times of peak demand, typically in the afternoon and evening. Front-of-the-meter (FTM) systems like those used in Medway deliver power directly to the grid or wholesale market, enhancing grid flexibility and stability while operating with zero on-site emissions. By improving the efficiency and responsiveness of the electric system, these assets play an important role as states work toward long-term climate and reliability goals, including net-zero carbon emissions.

The ISO-NE interconnection queue has seen healthy growth in battery storage over the last few years with 37 projects under development as of February 2026. The Medway project joins the 175MW Cross Town system in Gorham, Maine and the 150MW Cranberry Point project in Carver, Massachusetts, as some of the largest planned.

The Medway Grid Energy Battery Storage project meets Massachusetts Clean Peak Energy standards from the state’s Department of Energy Resources, which are designed to provide incentives to clean energy and storage technologies that supply electricity or reduce demand during seasonal peak demand periods.

The Medway investment is Advantage Capital’s latest investment through its Energy Finance Platform. Energy Finance is one of the firm’s key market areas, and the firm actively finances large-scale, cutting-edge projects in clean, resilient, and innovative energy technologies. This includes solar, wind, storage, and emerging solutions that are transforming the energy sector and providing affordable, sustainable options for communities nationwide. To date, the firm has invested in the development of more than 3.3 GWdc of clean energy, which is equivalent to the ability to meet the power needs of more than 582,000 homes.

Advantage Capital | www.advantagecap.com

Vitol | https://www.vitol.com/

Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced that e-STORAGE, its energy storage solutions business, will deliver a total of 420 MWh AC of battery energy storage systems for Drax Group ("Drax"), a leading UK renewable energy company, across two projects in the United Kingdom.

The projects include a 60 MW / 120 MWh AC installation in Marfleet, England, and a 150 MW / 300 MWh AC installation in Neilston, Scotland. Both projects are being developed by Apatura, a UK energy infrastructure company specializing in large-scale battery storage and enabling digital infrastructure. The projects have been acquired by Drax and will become part of Drax's FlexGen portfolio. Battery installations are scheduled to commence in the third quarter of 2026 at the Marfleet site, with the Neilston project expected to start installations in early 2027.

Under the agreements, e-STORAGE will supply a fully integrated and commissioned battery energy storage system, including its SolBank 3.0 energy storage batteries. e-STORAGE will also provide operational services for the project under a long-term service agreement (LTSA) covering monitoring, preventative maintenance, and performance analytics.

The combined system supply and long-term service support are designed to ensure consistent operational availability across the lifecycle of the asset. When operational, the systems will enhance grid flexibility in the region and support the integration of additional renewable generation into the UK electricity system.

Lee Dawes, Chief Operations Officer of Drax Group, said, "We are looking forward to working with e-STORAGE and Apatura on the development of these battery storage assets. This is our first investment in short-duration storage, and these assets will complement our existing generation portfolio. As the UK network increases its reliance on intermittent renewables, these batteries will provide secure power and help keep the lights on when the wind isn't blowing and the sun isn't shining."

Giles Hanglin, Chief Executive Officer of Apatura, stated, "Marfleet and Neilston represent important milestones in building the flexible, resilient energy infrastructure the UK needs to meet its decarbonization ambitions. By combining our development expertise with e-STORAGE's technology and Drax's operational capability, we are delivering assets that strengthen grid security and enable more renewable power to flow onto the system."

Colin Parkin, President of Canadian Solar and President of e-STORAGE, added, "This collaboration with Drax and Apatura reflects our shared commitment to advancing a more flexible and resilient energy system in the UK. Leveraging the strong foundation and operational expertise we have established in this market, we are dedicated to delivering reliable system performance and service excellence to customers across Europe."

e-STORAGE | www.csestorage.com