Battery storage operation under net billing provides “virtually no grid value”: Berkeley Lab study
Net billing for rooftop solar, which incentivizes the use of battery storage to maximize solar self-consumption, is inefficient, researchers found, whereas incentivizing battery owners to discharge power during peak hours would provide greater value.
Sunrise brief: Bloomberg analyst forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.
Also on the rise: US 2021 solar panel shipments total $9.8 billion at $0.34/W. Nearly all smart inverter manufacturers will be delivering smart inverters within a year. And more.
Nearly all smart inverter manufacturers will be delivering smart inverters within a year
As several states will soon require smart inverters for new distributed resources, and more are considering such a requirement, nearly all manufacturers will be delivering smart inverters that meet a new industry standard by August 2023, finds an analysis by the Interstate Renewable Energy Council.
Sunrise brief: Inflation reduction act supports Made in the USA solar supply chain
Also on the rise: Massachusetts climate bill removes anti-competitive electric choice provision. Carolina utility chasing waterfalls, costing consumers billions. And more.
93% of utility-scale batteries that came online in 2021 were paired with solar power generation
EIA Annual Electric Generator Report finds that the greatest change in battery use is for price arbitrage.
Sunrise brief: Solar investment tax credit to be extended 10 years at 30%, per Inflation Reduction Act
Also on the rise: As Texans are asked to cut energy use amidst a heat wave, solar and batteries step up. Intersect Power places order for 2.4 GW of First Solar modules. And more.
Sunrise brief: Democrats reach $370 billion energy and climate deal in reconciliation bill
Also on the rise: White House announces solar initiatives to reduce electricity bills, create clean energy jobs. Solar powered lawn mowing. And more.
LG Energy Solution plans to boost revenue through joint ventures, batteries, smart manufacturing
In the Q2 earnings call, LG reported a drop in revenue from Q2 2021 but aims to achieve double-digit profit margin in five years.
Sunrise brief: National Solar Jobs Census finds that solar jobs increased 9% nationwide in 2021
Also on the rise: New home battery can provide backup power as well as smart time of use charging/discharging. Connecticut to allow distributed resources to compete with distribution grid upgrades. And more.
Vehicle-integrated photovoltaics for low-speed electric vehicles
Canadian startup Capsolar claims its flexible solar modules can be adapted to any type of low-speed electric vehicle with no extra modification and custom work. The panels have an efficiency of 21.3% and rely on 24%-efficient solar cells provided by US manufacturer SunPower.
