Researchers have defined a new machine learning-based methodology that reportedly reduces customer acquisition costs by about 15% or $0.07/Watt. It is based on an adapted version of the XGBoost algorithm and considers factors such as summer bills, household income, and homeowner’s age, among others.
Optimus Energy installed four solar arrays at resorts located in Kissimmee (760 kW), Lake Buena Vista (147 kW), Clearwater (205 kW) and Palm Coast, Fla. (402 kW).
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported quarterly or fiscal year earnings over the last week.
The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.
Also on the rise: Big PV plants may have positive climate impact in deserts, say researchers. California bill to mandate bidirectional chargers for all EVs sold after 2026. And more.
HB-1234 provides nearly $1,000,000 to help local governments streamline solar permitting and inspection to support solar adoption.
Also on the rise: Permitting, grid resiliency and fusion energy are top of mind at BNEF Summit. LG launches U.S. residential energy storage system. And more.
Officials from clean energy states discussed how the Inflation Reduction Act is advancing rooftop solar, customer savings, economic development, and grid reliability, and described the extent of community support they see for the clean energy transition.
The new residential storage system connects two 10-hour batteries or 16-hour Prime battery modules in parallel to offer a capacity of 19.2 kWh to 32 kWh, with a maximum output of 9.6kW from the inverter.
Ball State University, University of Minnesota Twin Cities, and The Cooper Union named 2023 Build and Design Challenge winners of this annual Department of Energy collegiate competition.
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