Solar stocks plummet, market is “wildly emotional” about Trump
Solar stocks have shed value following the Trump election, but residential solar provider Sunnova chief executive officer John Berger said believes the market is misunderstanding the strength of the industry under the Trump administration.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organization says an additional 4 TW of solar capacity will likely be deployed by 2030.
Sunrun CEO: “Grandpa’s grid is not built to supply consumers what they need”
Mary Powell, chief executive officer of major U.S. residential solar installer Sunrun delivered a keynote address on the promise of distributed energy during pv magazine USA week this October.
New York homes in on zero-emissions goals with distributed solar and efficient housing
State hits a 6 GW milestone and is making $10 million available to builders of new efficient homes.
Sunrun and New York utility embark on residential virtual power plant
In coordination with Orange and Rockland Utilities, the VPP program makes 300 solar-plus-storage systems available for grid stability.
Tribal fund will support predevelopment costs for 2 GW to 6 GW of solar on tribal lands
A tribal clean energy fund has raised $30 million to fund predevelopment costs for solar projects on tribal lands. Meeting predevelopment milestones will enable tribal communities to apply for federal loan support to complete the projects.
Enabling distributed battery owners in every state to earn compensation
To help states launch programs to compensate owners of distributed batteries for providing energy at peak times, Solar United Neighbors has developed model legislative language. Under one approach, the owner of a 5 kW battery could earn $1,100 per year.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Average U.S. residential solar project breaks even at 7.5 years, said EnergySage
A report from marketplace operator EnergySage noted that average system costs are declining, and payback periods are improving. It highlighted a recent market share capture from Tesla in the inverter and energy storage market.
Why $0.25 per kWh electricity makes off-grid solar & batteries a smart investment
Once electricity prices hit $0.25/kWh, disconnecting from the grid with residential solar-plus-storage starts to become financially viable, with sunny places making strong financial arguments. With recent drops in battery prices, the case for leaving the grid has grown even stronger.
