In a move that was “shocking” to solar and storage provider Sunnova, the California Public Utilities Commission made yet another decision in favor of the investor-owned electric utility giants.
In addition to accelerating the state’s commitment to clean energy, the governor launched the process to adopt a clean cars initiative, which would require all new cars and light-duty truck sales to be zero-emission vehicles by 2035, and more.
The company is introducing the residential lithium-ferro-phosphate battery at Intersolar in Long Beach, California.
The energy burden on disadvantaged or low-to-moderate income communities has translated to more than 15% of disadvantaged households’ income devoted to paying for energy each month as the cost for electricity rises, compared to 2 to 3% that average income households typically pay for energy each month.
While community solar dropped 16% in 2022, it’s still expected to double by 2027, according to a new report from Wood Mackenzie and Coalition for Community Solar Access.
Debuting this week at Intersolar North America, Enteligent’s charger is powered by the sun and eliminates DC-to-AC power conversion.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Also on the rise: The IRA will unleash community solar markets. Saltwater flow battery added to solar-on-canal project. And more.
SolarEdge revenue was $3.1 billion in 2022, up 58% year over year from 2021. The company expects revenues for Q1 2023 to be within the range of $915 million to $945 million, continuing its profitable growth momentum.
Series B funding comes soon after $10 million contract from the U.S. Government to develop the first large-volume silicon oxide anode manufacturing facility in the Midwest.
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