It’s not the next lithium-ion battery breakthrough that’s going to accelerate the energy storage industry. It’s not the next inflated promise from a flow battery startup, compressed-air scheme, solid-state battery research project or energy storage dream funded by Bill Gates.
“Brand is powerful — after a house and a car, a PV/storage system worth tens of thousands of dollars is one of the larger purchases a family will make.”
Also in the morning brief: Arizona mandatory solar panel recycling bill, Sumitomo invests $46 million in long-term energy storage from Highview Power, and more.
Elon Musk has spoken of the “exponential” ramp-up of its solar glass tile at the Buffalo factory. Panasonic’s tiles never made the cut for that product
Total will be acquiring 676,000 shares worth about $31 million, according to SEC filings.
Falling battery costs, shifting utility strategies and new PUC policies are drawing fresh entrants and incumbents into an invigorated energy storage sector.
Also in today’s brief: New Hampshire solar wildlife access, Iowa solar compromises
Does the update to California’s solar mandate undermine residential solar and storage, as advocates claim? Or does the new definition of “community solar” provide more choice to builders and low-income homeowners? The answer might be “yes” to both questions.
“First Solar, at its core, is a technology and module manufacturing company,” said Mark Widmar, CEO of First Solar. “Given the significant evolution of developing utility-scale PV projects in the United States, we believe now is an appropriate time to evaluate our options with respect to our U.S. project development business line.”
The leaders in solar module-level power electronics are profitable and making enormous jumps in revenue. All signs point to a strong 2020 for residential solar — which could keep the momentum going.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.