Mercom Capital Group says that total corporate solar funding, global venture capital funding, public market financing, and PV mergers and acquisitions all fell year on year in the first quarter of 2024. The sector is still grappling with high interest rates, which Wood Mackenzie says is disproportionately affecting renewables projects.
EcoFlow has launched a new air-to-water heat pump for residential applications. The new product, equipped with R290 refrigerant, is available in 9 kW and 20 kW versions.
Also on the rise: Allow solar developers to choose “connect and manage,” says DOE roadmap. Massachusetts city that mandates solar on new buildings celebrates latest success. And more.
Watertown, Massachusetts, a city with a model energy plan, now has a Gold LEED certified building with 252 kW solar and 125 kW storage system, along with 15 EV charging ports.
Silent Yachts launched the first Silent 62 3-Deck yacht, outfitted with 17 kWp of SunPower X400+ rigid glass solar modules and a newly enhanced 350 kWh LiFePO4 battery storage system, propelled by dual 340 kW electric motors.
Also on the rise: Origami Solar readies production of steel solar module frames. Important Q1 solar policy changes across 50 states. And more.
The Biden Administration is expected to revoke tariff exemptions on bifacial solar modules following a petition led by Qcells, a company with a multi-billion-dollar investment in U.S. manufacturing.
Job moves in solar, storage, cleantech, utilities and energy transition finance.
California Energy Commission awarded a grant to BoxPower through a program intended to accelerate production of clean energy technologies.
Trends spotted in the NC Clean Energy Technology Center report include legislation to enable community solar, net metering reform considered by new states and states clarifying time of use rates for net metering customers.