Ryan Kennedy
California is now a batteries-included rooftop solar market
About 60% of customers have included battery energy storage with their rooftop solar installation, up from roughly 10% prior. However, a “sustained downturn” is expected for the market.
Bladeless wind energy innovation aims to compete with rooftop solar
A compact, “motionless” wind turbine with a magnetic generator designed for large commercial rooftops provides 5 kW of capacity per unit. Aeromine Technologies secured Series A funding for scaling its innovative design.
EV manufacturer Rivian invests in solar energy
Rivian will subscribe to community solar and purchase renewable energy certificates (RECs).
Market impacts from the recent flurry of solar policy actions
The U.S. had an extremely busy week of policy changes, including AD/CVD, domestic content, bifacial panel exemptions, and changes to 301 tariffs.
Qcells residential solar financing arm closes its first asset backed securities totaling over $250 million
Qcells residential solar finance platform EnFin secured an asset backed securities transaction totaling $252.86 million.
Minnesota legislature passes energy infrastructure permitting reforms
The legislation removes key roadblocks to the development of solar, wind and battery energy storage.
Trends in residential solar finance, equipment and maintenance
An installer survey shared typical loan terms, top equipment brands and what to expect from system maintenance services.
Simplified calculation for accessing the solar domestic content bonus
A 10% tax credit incentive is added to solar projects that achieve a determined amount of U.S.-made components. New simplified calculations for eligibility are released.
Competition, oversupply to reduce n-type solar module prices
Global solar demand will continue to grow in 2024, with module demand likely to reach 492 GW to 538 GW. Amy Fang, a senior analyst at InfoLink, looks at module demand and supply chain inventories in a market still affected by oversupply.
IEA-PVPS launches action group on agrivoltaics
IEA-PVPS is poised to launch a new format for expert engagement. It will include an action group on agrivoltaics, as well as a collaborative effort to match agriculture and solar generation. It aims to unlock the potential of agrivoltaics, optimize land use efficiency, enhance agricultural resilience to climate change, and foster social consensus for solar development.
