In its Q2 earnings statement, Tesla said it is working to improve its Solar Roof installation capabilities and aims to reduce their installation time “dramatically.”
The two will provide voltage support for utility National Grid in a move to show that distributed resources can unlock additional value to ratepayers.
A year after its launch, the residential portion of SolarTogether joins commercial, industrial, and government portions in being fully subscribed, with the waiting list also at 100% capacity.
Also on the rise: Developers scrap an 850 MW solar project after local objection, Rivian plans a second EV plant in the U.S., Ohio regulators consider another 470 MW of solar, and more.
The deal marks American Clean Power Association’s second major merger since founding in early 2021, and will bring in close relationships with more than 200 companies across all aspects of energy storage.
The securitization was backed by more than 6,400 solar rooftop systems and represented the best price to date for a portfolio of solar and energy storage loan assets.
A new report argues for the largest solar buildout the country has ever seen, which it said would create 1.77 million jobs and drive $69 billion in energy savings over five years.
Also on the rise: An insurer warns the solar industry about wildfire risks, Hawaiian Electric’s storage incentive program goes live, and solar energy jobs were lost in the pandemic year but are coming back, DOE says.
Roughly 840,000 jobs were lost across the energy sector in 2020, and solar was hit especially hard. A rebound is underway, according to a new report from the Energy Department.