Energy Storage
Schaltbau North America
Wind
Jeremy Sheldon
Wind
Bora Tokyay
SolarEdge Technologies, Inc., a global leader in smart energy technology, announced nationwide U.S. order availability for SolarEdge Nexis, its next-generation residential solar and storage platform. Built from the ground up around the installer experience, SolarEdge Nexis addresses longstanding battery storage challenges, including lengthy installation times, costly electrical upgrades, inflexible system placement, and component complexity, streamlining every stage of the installer journey from inventory and sales to installation and ongoing service.
"SolarEdge Nexis has been our most anticipated residential product launch. It represents years of innovation and customer feedback brought together into a single platform designed to make solar-plus-storage more powerful, more intuitive and easier to deploy," said Nick Alex, Vice President of Residential Sales, North America. "With orders now open across the U.S., we're excited to help installers and homeowners experience a platform designed to simplify installation, maximize flexibility and support the evolving energy needs of modern homes."
Following a successful launch in Germany, where SolarEdge Nexis generated record order volumes and strong installer demand for its stackable storage architecture, installation experience, and compact design, SolarEdge is now making the single-phase platform available nationwide across the U.S.
SolarEdge Nexis features a modern design concept from inverter to battery, combining advanced inverter technology, battery storage, and intelligent energy management into a single, ultra-compact design offering more power but significantly smaller footprint than previous models. The DC-optimized architecture also offers the flexibility to be AC coupled, giving installers greater flexibility across a wider range of projects. Delivering greater power density, reliability, and efficiency, the platform maintains higher efficiency in both high and low power hours.
Its modular architecture enables installers to choose the right battery capacity according to homeowners’ needs. Designed for maximum installation flexibility, the system can be installed virtually anywhere – wall or floor-mounted, indoors or outdoors – while meeting robust durability standards.
Key innovations include:
An entirely new Lego-like modular design with Simple-Click architecture, allowing lightweight modules to snap into place with no wiring between units, enabling installation in under 30 minutes.
A new ultra-efficient residential inverter, particularly in low power, designed to save homeowners, and keep TPO-funded systems above the production guarantee.
High power inverter delivering up to 13kW on-grid and 14.5kW off-grid power, paired with a flexible battery storage solution that scales from 5kWh to 80kWh.
Focusing on 185 LRA to power large HVAC system.
Up to 40% less wall-space utilization than comparable systems, with a single inverter platform covering residential installations from 3.8 kW to 13 kW.
Manufactured in the U.S., helping projects meet domestic content requirements.
“Before SolarEdge Nexis, every battery installation involved a lot of planning and labor,” said Tate Abdon, Director of Installations at Senga Energy LLC. “We were pulling backup loads, installing Backup Loads Panels, sometimes upgrading the main service panel, and trying to fit large batteries into locations that met the required clearance from doors and windows. It wasn’t always the most efficient process. SolarEdge Nexis changes that. With the IslandDER option, we can eliminate the need for Backup Loads Panels in many applications, which means less labor, fewer materials, and a much simpler installation. The modular battery design is another huge advantage. Instead of carrying and lifting 300-pound batteries, our crews install lightweight modules with built-in handles; no battery lift required. It’s honestly like building with Legos. That flexibility also gives us more freedom in where we mount the system, allowing for a cleaner, more attractive installation rather than being dictated by traditional clearance limitations. In the end, we’re completing installations faster, using less conduit, reducing wall clutter, and delivering a cleaner finished product. It’s a better experience for both our installers and our customers.”
To celebrate nationwide order availability, SolarEdge will host a Takeover Day livestream, taking place on July 15 from 9:00–11:00 a.m. PT from SolarEdge headquarters in Milpitas, California. Bringing together installers, distribution partners and industry stakeholders, the event will offer a firsthand look at the future of home energy management.
Programming will span three dedicated stages, including a main stage for launch presentations and distributor features, a panel stage featuring technical experts and sales professionals who already sell and support SolarEdge Nexis, and a live installation stage demonstrating a SolarEdge Nexis system installed on a simulated home wall. Attendees will also get an inside look at how SolarEdge Nexis is engineered and quality-controlled before it ever reaches a job site. Throughout the event, registered attendees can participate in giveaways, culminating in a grand prize drawing for one complete SolarEdge Nexis home energy system. The prize includes a SolarEdge Nexis 13kW inverter, a SolarEdge Nexis IslandDER meter collar by ConnectDER, and two 5kWh battery blocks.
With orders now open nationwide, SolarEdge Nexis expands the company's residential energy portfolio with a platform that brings together solar, storage and intelligent energy management in a compact, scalable solution designed for today's homeowners and installers.
SolarEdge | www.solaredge.com
Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) announced it has completed the previously disclosed acquisition of AEG Power Solutions (“AEGPS”) for approximately CAD $365 million, following receipt of all required regulatory approvals.
The acquisition marks a significant step in HPS’s strategy to expand beyond its transformer-led foundation and strengthens its role across the broader electrical value chain.
“This transaction gives HPS a global platform to accelerate growth in power quality and power conversion solutions and services,” said Adrian Thomas, Chief Executive Officer of Hammond Power Solutions. “It enhances our technology portfolio and expands our service and aftermarket capabilities. By bringing together the two organizations, we are expanding our international reach and strengthening our ability to support customers operating in increasingly performance-critical electrical environments.”
Demand across industrial, infrastructure, transportation, data and energy sectors is shifting toward integrated electrical systems that require solutions spanning power quality, conversion, control and lifecycle support. To meet this demand, HPS is introducing Integrated Electrical Solutions (IES) - a new business unit within HPS focused on delivering more complete, system-level solutions.
Anchored by AEG Power Solutions and supported by complementary elements of HPS’s existing power quality portfolio, IES brings together capabilities across magnetics, power quality, power conversion, critical power, controls and service in a more integrated offering. Building on HPS’s transformer foundation, it strengthens the Company’s ability to support the performance, reliability, and long-term operation of modern electrical systems.
Moving forward, HPS will operate and report through two business units: Transformers and IES.
“For AEG Power Solutions, this is an opportunity to build on our momentum from a position of strength,” said Franck Audrain, Chief Executive Officer of AEG Power Solutions. “Joining HPS gives us greater scale, broader market access and the ability to bring our capabilities to more customers and applications. The AEGPS team looks forward to advancing that next chapter as part of HPS.”
Financing
Concurrent with the closing of the transaction, HPS entered into a new syndicated secured credit facility with J.P. Morgan, National Bank of Canada, and Royal Bank of Canada acting as joint lead arrangers, and with J.P. Morgan acting as sole administrative agent. Under the credit agreement, HPS has access to up to USD $300 million in term debt to fund its acquisition of AEG Power Solutions and up to USD $150 million under a revolving credit facility. The credit agreement will expire in Q3 2030, unless terminated earlier in accordance with its terms. The facility is subject to customary representations, warranties and covenants consistent with financing arrangements of this nature.
“This transaction aligns with our growth-oriented capital allocation strategy,” said Richard Vollering, Chief Financial Officer of Hammond Power Solutions. “It expands the earnings base, improves revenue mix through greater service participation and adds international diversification. We expect it to support long-term value creation as a conduit for growth and as a platform for future acquisitions.”
Hammond Power Solutions I https://americas.hammondpowersolutions.com/
AEG Power Solutions | https://www.aegps.com/en/
One year after the One Big Beautiful Bill Act (OBBBA) was signed into law—rolling back tax credits and programs related to clean energy manufacturing and renewable electricity—a new economic analysis finds that large-scale clean energy projects abandoned since the beginning of 2025 will cost the U.S. economy nearly 470,000 jobs and hundreds of billions of dollars in foregone wages, tax revenues, private investment, and economic growth.
According to the report, released by the national nonpartisan business group E2, the closed, downsized, and canceled projects would have generated more than $90 billion in U.S. GDP growth during construction alone. Once operational, the canceled or abandoned projects would have generated an additional $55 billion every year.
All told, the canceled projects represent $68 billion in lost capital investment and another $48 billion in lost annual operational investment. The projects would have generated an estimated $53 billion in wages for workers during constructionand more than $31 billion annually after they began operation.
The economic impacts of these cancelled and downsized projects go far beyond just new local investments and jobs. Nearly $20 billion in federal, state, and local tax revenue would have been generated from just the construction activity, and another $12 billion in annual tax revenues would have been generated from operations, according to the analysis.
The analysis, conducted by BW Research for E2, models the economic impact of 216 large-scale clean energy and clean vehicle manufacturing and electricity generation projects that have been canceled, closed, or downsized since January 2025 amid federal clean energy policy rollbacks. While the OBBBA itself was a major setback to the U.S. transition to a cleaner economy, the Trump administration's broader hostility toward clean energy – including permitting bans on solar and wind developments; government payoffs of companies to stop offshore wind projects and gutting of federal clean energy programs - has compounded the negative economic consequences of the OBBBA.
“The numbers tell the story. Making it harder to build clean energy projects means lost jobs, lost investments, lost electricity supplies and lost local tax revenues,” said E2 Executive Director Bob Keefe. “Add it all up and it’s clear that federal actions to stop clean energy are costing all of us - consumers, businesses and our national economy - big time.”
The report finds that the biggest losses are concentrated in sectors critical to U.S. competitiveness and electricity capacity. Battery storage projects account for the largest share of lost construction-phase jobs, with more than 42,000 jobs. Solar projects account for almost 33,000 lost construction jobs, while electric vehicle projects account for nearly 28,000.
During operations, electric vehicle-related projects account for the largest share of long-term losses, with nearly 255,000 permanent jobs no longer supported. Battery storage projects account for nearly 64,000 permanent jobs, while solar projects account for almost 19,000.
"Clean energy has been a major economic driver over the past decade, creating hundreds of thousands of jobs across a wide range of roles in manufacturing, construction, and professional services," said Phil Jordan, CEO of BW Research Partnership. "Accurate, current information on jobs in the energy sector has never been more important."
The cancellations also represent a major setback for U.S. energy supplies at a time when demand and prices are rising. The report finds that cancelled, closed, or downsized projects include about 10 gigawatts of solar capacity, 3.75 gigawatts of wind capacity and 9 gigawatts of battery storage — enough electricity to power roughly 3 million homes.
“These cancellations are hitting exactly the kinds of projects America needs most: domestic manufacturing, battery storage, solar, wind, and electric vehicles,” said Michael Timberlake, E2 Director of Research and Publications. “The losses go far beyond the direct jobs announced by companies. Every cancelled factory or power project means fewer construction workers on site, fewer suppliers filling orders, fewer dollars flowing through local economies, and fewer tax revenues for schools, fire departments, roads, and public services.”
The analysis models direct, indirect, and induced economic impacts using IMPLAN input-output modeling and NREL’s JEDI model. That means the job and GDP losses include not only workers directly tied to canceled clean energy projects, but also supply-chain businesses and local spending that would have been supported by those investments.
Among the key findings:
The full report is available here.
E2 | www.e2.org
Primary Hydrogen Corp. (TSXV: HDRO) (OTCQB: HNATF) (FSE: 83W) ("Primary Hydrogen" or the "Company") announces that, further to its news release dated June 4, 2026, and June 23, 2026, the Company has closed its LIFE non-brokered private placement (the "Offering"), issuing a total of 2,459,570 units of the Company ("Units") at a price of $0.60 per Unit, for aggregate gross proceeds of approximately $1,475,742.
Each Unit consists of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of $0.80 per Common Share for a period of twenty-four (24) months from the date of issuance, provided the Warrants shall not be exercisable for a period of 60 days from the date of issuance.
The Units were issued on a private placement basis pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), as amended and supplemented by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. Accordingly, the Units will not be subject to a hold period in accordance with applicable Canadian securities laws.
In connection with the closing of the Offering, the Company issued 150,979 finders' warrants to Research Capital Corporation. Each finders' warrant will be exercisable for one Common Share at the price of $0.80 for a period of twenty-four (24) months from the date of issuance.
In connection with the use of proceeds from the Offering, the Company immediately paid an aggregate $10,000 in cash to Martin Kowchun ("Mr. Kowcun") and William Timothy Heenan ("Mr. Heenan"), each a director of the Company, to partially settle an outstanding and bona fide debt. Following these payments, the Company received aggregate proceeds of approximately $1,465,742, which it intends to use for general working capital and general administrative purposes. The Company may also use a portion of the net proceeds to acquire additional exploration properties if suitable opportunities arise.
Primary Hydrogen Corp. | https://primaryh2.com/
EOLOGIX-PING, the leading provider of continuous wind turbine blade monitoring solutions, has won its largest U.S. deal to date, adding nearly 300 wind turbines in the United States to its blade monitoring fleet – a milestone that cements the company's position as the partner U.S. operators turn to when blade health is on the line.
When EOLOGIX-PING first entered the U.S. market, the company started small: a single pilot project, a handful of monitoring systems, and operators who wanted proof that continuous blade monitoring could hold up under real American operating conditions, from Midwest ice storms to Gulf Coast lightning activity. Site by site, fleet by fleet, that early trust grew into a steadily expanding customer base across the country.
That step-by-step approach has now culminated in the company's largest U.S. win to date: a deal to monitor almost 300 additional turbines, bringing continuous blade health data to a fleet many times larger than where EOLOGIX-PING's American journey began.
“We didn't arrive in the U.S. with a big fleet on day one. We earned it, one turbine, one site, one proof point at a time,” says Thomas Schlegl, CEO and Co-founder of EOLOGIX-PING. “This deal is the result of years of operators seeing our technology work, telling their peers, and coming back for more. Winning almost 300 turbines in a single deal shows that the trust we built early on has turned into real scale.”
The deal reflects a broader shift in how American wind operators think about blade health. Blade damage, lightning strikes, and icing remain among the leading causes of unplanned downtime across the U.S. wind fleet, and operators are increasingly looking for a reliable source of continuous blade data rather than reacting only after major issues have occurred.
“If an operator is dealing with blade damage, a lightning strike, or ice they cannot fully explain, that is exactly the kind of problem we exist to solve,” adds Thomas. “We want to be the first call any wind farm operator makes when something on the blade does not look or sound right.”
"For us, growth is the outcome of disciplined, continuous product improvement," says Matthew Stead, CPO and Co-founder of EOLOGIX-PING. "Every deployment generates insight into operating conditions, the decisions operators need to make, and where our detection algorithms can be refined. That learning is fed directly back into product development. This agreement is validation of that engineering philosophy."
Looking ahead, EOLOGIX-PING expects this win to mark another turning point rather than a peak. With its U.S. fleet growing significantly, the company is moving to establish a local presence in the United States to support operators on the ground, backed by continued investment in its monitoring technology and customer support across North America.
The rollout across the nearly 300 newly won turbines will take place over the coming weeks, with EOLOGIX-PING providing the sensor systems and ongoing monitoring and analysis. The win builds on EOLOGIX-PING's continued growth in the U.S. market and its broader track record of more than 3,000 turbines equipped worldwide.
EOLOGIX-PING | eologix-ping.com
Renewable power costs remain low, making renewables the cheapest source of new electricity in most markets and further strengthening their cost advantage over fossil fuels.
Renewable Power Generation Costs in 2025, released by the International Renewable Energy Agency (IRENA), estimates that more than 90% of the utility-scale renewable capacity added in 2025 was cheaper than the lowest-cost new fossil alternative.
The cost advantage of renewables over fossil fuels continued to widen. In 2025, Solar PV remained at its 2024 level of USD 44 per megawatt hour (MWh), while wind continued to improve, with onshore wind falling by 4% to USD 33/MWh and offshore wind by 3% to USD 78/MWh.
Conversely, for new gas-fired generation, a turbine shortage roughly doubled the capital cost of a new combined-cycle plant in the United States, while costs climbed towards USD 100/MWh in higher gas price markets such as Italy, Germany and Japan. Furthermore, persistent uncertainty surrounding the crisis in the Middle East is likely to keep gas prices elevated throughout the year.
In total, installed renewables helped avoid an estimated USD 480 billion in fossil-fuel costs in 2025, turning renewables into a geopolitical shock absorber against fossil-volatile systems in energy crisis.
Francesco La Camera, Director-General of IRENA said: “The decline in renewable energy costs is delivering a powerful economic dividend. For countries that still rely heavily on fossil fuels, every additional megawatt of renewables strengthens economic protection against fuel-price volatility, shielding consumers, businesses and public finances from higher costs. Savings generated by existing renewable assets grow, providing a built-in hedge against future shocks. This energy crisis has shown yet again: expanding renewable capacity is a strategic investment in resilience and competitiveness.”
When the Strait of Hormuz closed in early 2026, causing import prices to spike across Asia and Europe, existing renewable electricity generation provided a crucial financial buffer.
Across the three import-exposed Southeast Asian economies Indonesia, Thailand and the Philippines for example, the existing renewable fleet avoided around USD 5.7 billion in coal and gas purchases in 2025. Valued at the higher fuel prices during the peak of the crisis in March-May 2026, those same volumes would have been worth USD 6.5 billion.
The economic benefits of renewable power go well beyond generation costs. Across 20 major economies assessed, accounting for about four-fifths of world’s renewable generation, renewable power in 2025 avoided an estimated USD 377 billion in fossil-fuel purchases.
The geographic distribution of economic benefits closely mirrors the global distribution of renewable energy capacity. China alone accounted for USD 177 billion or around half of all cost savings, reflecting the scale of its renewable fleet. The USA placed second in avoided fossil fuel costs with USD 35 billion, followed by Brazil with USD 32 billion, India with USD 18 billion, Germany with USD 18 billion and Japan with USD 15 billion.
Since 2010, the cost of solar PV has fallen by 89%, concentrating solar by 72%, onshore wind by 71% and offshore wind by 63%. The massive expansion of manufacturing, especially in China, resulted in a highly competitive landscape characterised by thin margins and prices approaching production cost.
This phase of intense competition is shifting. Clean-tech manufacturing investment has halved, from a quarterly peak of USD 70 billion in 2023 to USD 35 billion by the end of 2025. And while China is reorganising its renewable industry, commodity and component prices are rising globally in parallel.
These developments, combined with a shifting trade and tariff landscape, are likely to exert upward pressure on total installed costs throughout this year. Over the longer term, however, IRENA's outlook suggests that costs will continue to decline to 2035, though far more slowly than before.
More information in Renewable Power Generation Costs in 2025
IRENA | https://www.irena.org/
Grid Connected Infrastructure, LLC (GCI) announced the execution of a 20-year site lease with the 100MW Megamouth Energy Storage Project, owned by Banpu Power US Corporation (BPPUS).
The Megamouth site sits on industrial land adjacent to a recently constructed substation owned by CenterPoint Energy, serving a growing load pocket in the Houston load zone – a highly congested region in ERCOT, the largest battery storage market in North America.
“Only a small fraction of U.S. land will successfully become grid connected, and that subset can be identified in advance.” said Mitchell Bauer, President of GCI. “Megamouth is the exact type of real estate we built GCI to capture, we identified an industrial site based on future grid interconnection capacity, secured it prior to any development taking place, converted it to a powered use case, including completing generator interconnection, and will now monetize it over a long-term site lease.”
GCI’s real estate team utilizes best in class analytical tools, AI, and decades of successful energy project development expertise to identify future grid connected land. GCI performs comprehensive due diligence to ensure sites are positioned for success and have marketable title, and are permittable and constructable. After gaining site control, GCI leases parcels to large, stable infrastructure operators to construct, own and operate grid connected energy projects. GCI monetizes the value of grid connected real estate through long-term leases and site ownership.
Grid Connected Infrastructure | https://gci.energy/
Alternative Energies Jul 06, 2026
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