Machine learning method to identify residential PV adopters, reduce soft costs
Researchers have defined a new machine learning-based methodology that reportedly reduces customer acquisition costs by about 15% or $0.07/Watt. It is based on an adapted version of the XGBoost algorithm and considers factors such as summer bills, household income, and homeowner’s age, among others.
Sunrise brief: Senate votes to resume solar tariffs, threatening clean energy supply
Also on the rise: Average silver price expected to drop 2% to $21.30 per ounce this year. Solar Earnings Recap–SunPower, Sunrun and SolarEdge. And more.
RFP alert: Tribal solar accelerator seeks projects
An accelerator fund for tribal authorities that includes 65 tribes and over 120 tribal individuals will award grants of up to $200,000 for solar projects situated on tribal authority land, and $50,000 grants per year for tribal energy plan proposals.
Florida resort owner deploys 1.51 MW of solar arrays
Optimus Energy installed four solar arrays at resorts located in Kissimmee (760 kW), Lake Buena Vista (147 kW), Clearwater (205 kW) and Palm Coast, Fla. (402 kW).
Stanley Black & Decker 100% renewable energy powered in Kentucky
A 4.3 MW solar project will power the company’s on-site production facility, with excess going to the state.
Sunrise brief: Virtual power plants could save utilities up to $35 billion by 2033
Also on the rise: Why solar assets are underperforming expectations by 8%. Ikea bets on Meyer Burger’s heterojunction solar modules. And more.
50 states of solar incentives: Utah
More large-scale solar is likely on the way for Utah, as the Federal Energy Act of 2020 aims to deploy 25 GW of solar, wind, and geothermal production on public lands no later than 2025. One of the first land areas that was vetted for this development is in Utah.
Commercial Solar Guy sells 101 MW New York portfolio, seeks additional 60 acres
The solar developer is also seeking another 16 MW of solar, mostly in the NYSEG power company region, to fill out the portfolio.
HVAC, lighting and solar integrator raises Series E round
The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.
Ikea bets on Meyer Burger’s heterojunction solar modules
Between 2025 and 2029, the investment company of the Swedish furniture group will purchase solar modules produced in the U.S. by the Swiss photovoltaic manufacturer. The agreement is the basis for Meyer Burger to increase annual production capacity at its Arizona site to around 2 GW.
