Solar and wind power installations hit all-time highs and became a larger part of the country’s energy mix in 2020, according to a new report.
Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
Also on the rise: TVA allows local power companies to charge new fees to solar customers, Southwest Power Pool launches an imbalance market, and J.D. Power rates EV charging satisfaction.
The utility has launched a new program, Quick Connect, aimed at accelerating the process for turning on new residential solar systems.
Also on the rise: A coalition of 600 groups urges President-elect Biden to halt utility service shutoffs due to the pandemic, Harrison Street expands its solar owneship portfolio, and a Florida real estate developer eases its way into the solar sector.
As the pandemic continued its attack on the U.S. economy, 2020 ended with 429,000 fewer clean energy workers.
The final incentives from the state’s 2017 Future Energy Jobs Act have been awarded. With no emergency funds or new legislation pending, thousands of jobs could be at stake.
The new-look discussions dove into all things shaping the solar industry and renewable energy as a whole in 2020, including the global pandemic, extreme weather and natural disasters, the election and more, all presented in the light of rapidly-changing technologies and materials.
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