9 out of 10 doctors recommend residential solar+storage
GTM Research projects that residential batteries and other energy storage systems will be coupled with solar in 9 of 10 storage deployments by 2023. Additionally, the firm projects that residential solar power costs will fall below $2/W by this date.
This isn’t your parents’ SolarEdge
The inverter-optimizer manufacturer has expanded from its residential focus and now gets 40% of its revenue from commercial sales. The company is also supplying a soon-to-be commissioned 53 MW-AC solar power project.
First Solar sees manufacturing hiccups, but bookings remain strong
The thin film PV maker reports difficulties in ramping its new Series 6 product, as well as pressure from module price collapses.
84 gigawatts of community solar, and the plan to get there
GTM Research has delivered its vision for the future of community solar through 2030: delivering opinions on the policy, structure, finance and innovation needed to move the market forward.
Monitoring consolidation: AlsoEnergy acquires skytron, Draker
The renewable energy software company will keep the skytron brand and platform, as well as providing services for Draker’s customers.
Sunrun achieves pay parity
The nation’s largest residential solar company has announced that it pays its female employees the same as its male employees for similar jobs in similar locations. But regardless of this achievement, the larger industry still has a long way to go.
Indiana solar, solar+storage comes in at low prices
Indiana’s NIPSCO received bids for solar power at 3.57¢/kWh for 1.3 GW-AC, and 705 MW-AC of solar+storage at an extra charge of $5.90/kW-Mo. The Solar+wind+storage price was not disclosed.
Powerhouse breaks $60 million, passes UL fire tests
RGS Energy, manufacturer of the Powerhouse 3.0 solar shingle system, has passed UL tests for Class A Fire. Additionally, since June 28, 2018, Powerhouse has received an additional $24 million in ‘written reservations.’
Sunrun batting .984
Sunrun’s initial solar power loan securitization, vintage July 2015, hit its three year mark with 110 solar assets having defaulted out of the 7,893 solar assets at closing, representing $2.4 million and 1.6% of the portfolio.
Big oil going big solar
MMEX Resources has begun negotiations for additional acreage at the site of its distillation plant and refinery to add 75-100 MW of solar power. The company already has 1 MW installed.
