The off-grid power specialist launched a bifacial 220 W, 12 V monocrystalline solar panel for marine and recreational vehicle applications.
Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
Supply chain, tariffs, workforce, permitting and interconnection, and energy equity issues surround the rapid buildout of solar energy in the U.S.
Also on the rise: Oregon’s largest solar farm at 205 MW comes online. 106 MW regenerative agrivoltaic project at White Oak Pastures in Georgia. And more.
With Oklahoma as the leading candidate, the U.S. manufacturing site will start with 3 GW of production capacity, with plans to double to 6 GW.
Management sees NEM 3.0 changes as a net positive for California and expects strong demand for solar-plus-storage in coming quarters, with installers likely taking another four months of training for integrated systems.
In its Q1 2023 report, Tesla noted that volatile weather slowed solar power deployments to 67 MW. The company was silent on solar otherwise.
The new funding, governed by the Inflation Reduction Act, is to be used to build a clean energy economy, create new manufacturing jobs and helping families save money on their energy bills.
Also on the rise: FEMA’s $13 billion for Puerto Rico’s grid could shift to solar if lawsuit succeeds. Lowe’s to install solar at 54 California locations. And more.
The company invested $42 million in a 3 GWh South Carolina expansion and $20 million in a Michigan plant upgrade.
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