The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.
Also in the brief, SunPower provides a Maxeon update, Solar Support, DEPCOM Power and Power Factor partner on disaster recovery, KB home is the first builder to offer OneRoof and more.
New data from The Harris Poll and LG show that LG’s solar web traffic, as well as quote requests for residential systems are both trending high since the onset of the Covid-19 pandemic. Now, the issue becomes turning this interest into concrete sales.
Renewable energy industry officials are hopeful that a post-pandemic comeback is possible in 2021 but, “Supply chain issues haven’t played out yet,” said George Strobel of Monarch Capital.
“As we suffer through one health and environmental crisis after another, it is clear we can no longer simply solar-panel-and-windmill our way out of this emergency,” say producer Michael Moore and author Jeff Gibbs.
Even as global PV forecasts fall, tax equity dries up and unemployment rises, Jim Spano, co-founder of RadiantREIT, believes that the right type of government stimulus could not only help the solar industry recover — but drive it to new heights.
Also in the brief: Minnesota’s new residential solar restrictions, JinkoSolar donates 1,000,000 masks for pandemic fighting in 19 countries, NABCEP will offer Board Certification and Associate level exams online and more.
Byron Bay-based solar retailer Smart Energy says it is seeing an unprecedented surge in sales and inquiries for solar and home energy storage as consumers look to shore themselves up in uncertain times.
Directly challenging the bankrupt utility’s system reliability request for proposals, Sunrun has released a paper outlining a renewable alternative: distribution islands with solar and battery backup.
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