Sunrise brief: Residential solar is getting crushed by high interest rates and regulatory changes

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Briggs & Stratton launches new lithium iron phosphate battery packages  The battery packages include a battery, an inverter and a control system. The US manufacturer claims its storage systems have a lifespan of over 10,000 cycles and a depth of discharge of 80%.

U.S. Energy Department announces $3.5 billion to shore up electric grid  Investing in America will fund 58 projects across 44 States to grid resilience and reliability.

Ecoflow launches ‘retrofit’ residential battery with PV-coupling technology  The 5 kWh battery solution uses Ecoflow’s PV-coupling technology that reportedly ensures an easy connection to existing solar arrays. The new product features an output voltage range of 150 to 800 V.

Residential solar is getting crushed by high interest rates and regulatory changes Many installers are filing for bankruptcy and stocks have crashed 15% to 30% or more based on weak guidance.

Sustainable solar ‘net zero plus’ home built with LEGO Alexis Issaharoff has created the ‘Sustainable Solar House’ project, which generates and produces its own food, water and energy. If the project gets enough votes, LEGO will consider creating it as a kit.

DOE grant funds Iowa State University agrivolatics study A $1.8 million grant funds the research of co-locating farming and solar energy production.

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