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6 天之前· This list tracks layoffs at green technology, climate tech & renewable energy companies, and job cuts involving sustainability professionals.
SolarEdge Technologies announced today that it is ceasing all activities of its energy storage division, resulting in about 500 layoffs,
In 2023, "internal competition and surplus" became the industry consensus for China''s new energy storage, dominated by lithium-ion battery storage. In 2024, as a flag that
Global installed energy storage is on a steep upward trajectory. From just under 0.5 terawatts (TW) in 2024, total capacity is expected to rise ninefold to over 4 TW by 2040,
January 2024: SunPower apparently will have layoffs as part of a restructuring plan designed to cut the solar energy company''s operating costs. December
18 小时之前· The energy and utilities construction market size has grown strongly in recent years. It will grow from $121.67 billion in 2024 to $132.37 billion in 2025 at a compound annual growth
Introduction Driven by the global energy transformation and carbon neutrality goals, the energy storage industry is experiencing explosive growth, but it is also facing
Since President Trump took office for the second time, 35 clean energy projects have been closed, cancelled, or downsized. That''s more than the totals for 2023 and 2024
The United States Energy Storage Market is expected to reach USD 3.45 billion in 2024 and grow at a CAGR of 6.70% to reach USD 5.67 billion by 2029. Tesla Inc, BYD Co. Ltd, LG Energy
"The decision to close our Energy Storage division was the result of a thoughtful analysis of our portfolio of businesses and product lines, industry trends, and the competitive
Following similar pieces in 2022/23, we look at the biggest energy storage projects, lithium and non-lithium, that we''ve reported on in 2024.
Enphase Energy, a Fremont-based solar technology and electric vehicle charger company, is laying off about 500 workers. It''s a continuation of a bleak trend in the solar and battery
Layoffs and other workforce reductions have continued in 2025, following two years of significant job cuts in tech, media, finance,
The California Solar & Storage Association reports that the fallout includes thousands of stalled projects, over 17,000 industry layoffs, and
International oil and gas companies have announced they would cut tens of thousands of jobs in 2024 and 2025 due to lower oil prices and as
ReVision Energy''s recent staff reduction highlights the complex pressures impacting the solar industry in 2024. Greg Stewart, who manages
Call it new industry growing pains: Companies are struggling to bridge the gap between early-stage products and the high-volume production that will be needed down the line, reports The
The third wave occurred in November, when SolarEdge shuttered its energy storage division, resulting in the termination of 500 employees in South Korea. This round of
The company expects to complete the latest round of layoffs in the first half of next year. It would record charges related to them in the fourth
The Energy Storage Market Report 2025 highlights key trends, workforce developments, investment flows, and other factors shaping the
Enphase Energy will cut its global workforce by about 17%, impacting about 500 employees and contractors, it said on Friday, as the solar
The company expects to complete the latest round of layoffs in the first half of next year. It would record charges related to them in the fourth quarter of 2024 and in the first quarter of 2025. It expects to record aggregate pre-tax discontinuation and asset-related charges of between $81 million and $99 million.
SolarEdge layoffs will impact roughly 500 employees. The company plans to close its energy storage division. Most of the job cuts involve employees in South Korea. SolarEdge also had layoffs in January of 2024, and Zvi Lando stepped down in August of 2024. Ronen Faier is Interim CEO as of November 2024.
However, 2024 has brought immense challenges, with higher interest rates, tighter financing, and adverse policy shifts in key states contributing to over 100 solar bankruptcies based on our industry data, a number unseen before in our almost 20 years in the solar sector.
First up, FuelCell Energy layoffs will impact roughly 75 employees or 13% of staff, MarketWatch reported. This is the company's second round of layoffs in 2024, the report said. Next up, HyAxiom will cut 67 employees in Connecticut, Hartford Business Journal reported. Related: All layoffs involving sustainability and climate tech companies.
We expect stationary storage project durations to grow as use-cases evolve to deliver more energy, and more homes to add batteries to their new solar installations. EV sales are headed for another record year in 2024 (though there is some caution with US and Europe market slowdown).
IBM laid off a substantial number of employees in mid-September 2024, The Register reported. We don't know if the job cuts involved IBM's sustainability and ESG software teams. The tech company expects to exit 2024 with headcount figures that are roughly equal to 2023, the report said.
