Also on the rise: Permitting, grid resiliency and fusion energy are top of mind at BNEF Summit. LG launches U.S. residential energy storage system. And more.
The new residential storage system connects two 10-hour batteries or 16-hour Prime battery modules in parallel to offer a capacity of 19.2 kWh to 32 kWh, with a maximum output of 9.6kW from the inverter.
CSI is scouting out a gigafactory location in Arizona, Nevada and Texas, which could bring 300 jobs to the local market.
Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA
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.
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