Sunrise brief: Hanwha, LG Electronics, and Mission Solar join call for import tariff extension
Also on the rise: Former utility exec Mary Powell takes over as CEO of Sunrun, talks stall on an Illinois clean energy bill, and you’ve got $30 billion to spend: Nuclear or solar?
Sunlight trims interest rates for residential solar loans
The race to the bottom for interest rates has been a trend in recent years, and Sunlight is the latest to join the party.
Sunrise brief: Big financial win means more clean energy investments from NY Green Bank
Also on the rise: Getting to net-zero carbon by 2050 will be a steep climb, report says; Walmart signs on as anchor for community solar; and BlueWave aims to develop floatovoltaic projects.
NY Green Bank attracts $314m investment from Bank of America
The backing will allow the bank to reinvest capital into new projects at a faster rate by making the additional financing available to more projects.
Sunrise brief: Bill would expand ITC to include integrated solar roofs
Also on the rise: A report names groups that are anti-solar and reveals their strategies, Illinois limits HOA power over rooftop solar, and SunPower added 13,000 customers in Q2 as it looks for big growth to close the second half.
SunPower added 13,000 solar customers, looks to strong growth in the third quarter
In its second quarter earnings statement, the company said it expects volume and margin improvements in its residential business to continue, with Q3 volume expected to top 40% compared with 2020.
Sunrise brief: Solar+storage gains a solid foothold across the U.S. grid
Also on the rise: Three startups that aim to change the solar and clean tech sectors, battery companies join effort to improve cycling performance, solar PV shipments rose in 2020 as demand grew and costs fell, and more.
NextEra earnings call points to unprecedented growth as industry tailwinds strengthen
The energy company has already met 75% of its low-end expectations for 2024, with 3+ years to go. Add in multiple potential industry tailwinds and a picture of unprecedented growth may be emerging.
Solar 101: How to calculate your solar system’s payback period
The simplest way to model the payback period is to divide the project’s costs by its expected annual production number. That’s a good start, but it doesn’t tell the whole story.
Tesla deployed 1.72 GWh of energy storage and 177 MW of solar energy in the first half
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.”
