Derick Lila, Author at pvbuzz.com

Press Release

ABB to acquire power electronics business from Siemens Gamesa

The transaction is subject to regulatory approvals and customary closing conditions, with an expected completion in the second half of 2025.

By Derick LilaDecember 20, 20240

Insight

Trudeau Government delays pollution-free electricity grid target to 2050

The Trudeau government’s revised plan to achieve a net-zero electricity grid by 2050 reflects the challenges of balancing climate goals with economic realities.

By Derick LilaDecember 18, 20240

Perspective

Alberta’s recent electricity reforms penalize renewables, neglect energy storage investments

Alberta’s latest round of electricity reforms shift costs onto renewable energy developers, introduce market challenges for intermittent power sources, and fail to incentivize ...

By Derick LilaDecember 11, 20241

Perspective

How Trump’s tariffs could reshape Canada’s solar industry forever

The Trump tariffs on Canadian imports risk disrupting Canada's solar industry but may catalyze innovation and market diversification.

By Derick LilaDecember 9, 20240

Press Release

SolarEdge starts shipping the ‘USA Edition’ of its home batteries

The battery provides 9.7kWh of storage capacity and features the Company's next-generation energy optimization system.

By Derick LilaDecember 9, 20240

Press Release

Enphase Energy unveils the Busbar Power Control

Unlocks bigger systems and enables homeowners to maximise usable power without requiring an upgrade to main electrical panel.

By Derick LilaDecember 4, 20240

Time to Abandon Solar Stocks or Buy the Dip

Perspective

5 solar stocks could tank under Trump’s agenda – SELL or BUY the dip?

The possible repeal of the IRA under a Trump presidency could reshape the solar industry's trajectory, with companies dependent on federal incentives at ...

By Derick LilaDecember 2, 20240

Insight

SolarEdge to shut down energy storage division, cut jobs

The company will incur pre-tax charges of $81 million to $99 million related to the shut down.

By Derick LilaNovember 28, 20240

Insight

Northvolt Files for Chapter 11 Bankruptcy—announces restructuring, CEO resigns

Once celebrated as Europe’s best hope for a homegrown EV battery industry, Northvolt has filed for Chapter 11 bankruptcy, aiming to restructure its ...

By Derick LilaNovember 22, 20240

Press Release

Brightworks Energy Launches eFlex Bridge Financing Program to Simplify Solar Installations for Ontario Homeowners

The new eFlex Bridge Financing Program covers upfront costs, allowing customers to get started with a minimal deposit.

By Derick LilaNovember 18, 20240

Insight

Enphase announces major restructuring plan that includes laying off 500 employees

Enphase Energy plans to cut 500 jobs and restructure its operations amid declining solar demand in the U.S. and Europe, reflecting ongoing market ...

By Derick LilaNovember 15, 20240

Perspective

Could Trump repeal the Inflation Reduction Act?

Trump’s victory, combined with Elon Musk’s influence, could force a rethink on plans to repeal Biden’s clean energy agenda, especially given the economic ...

By Derick LilaNovember 14, 20240

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