New Jersey commits to 100% clean energy by 2035
In addition to accelerating the state’s commitment to clean energy, the governor launched the process to adopt a clean cars initiative, which would require all new cars and light-duty truck sales to be zero-emission vehicles by 2035, and more.
Interconnection delays slow U.S. community solar growth
While community solar dropped 16% in 2022, it’s still expected to double by 2027, according to a new report from Wood Mackenzie and Coalition for Community Solar Access.
Enteligent introduces DC-to-DC solar EV charger
Debuting this week at Intersolar North America, Enteligent’s charger is powered by the sun and eliminates DC-to-AC power conversion.
Sunrise brief: SolarEdge announces record revenues in 2022
Also on the rise: The IRA will unleash community solar markets. Saltwater flow battery added to solar-on-canal project. And more.
SolarEdge announces record revenues in 2022
SolarEdge revenue was $3.1 billion in 2022, up 58% year over year from 2021. The company expects revenues for Q1 2023 to be within the range of $915 million to $945 million, continuing its profitable growth momentum.
The IRA will unleash community solar markets
Community solar provides measurable, tangible benefits to the grid and ratepayers. While some may argue about the exact value of these benefits, distributed solar, and community solar specifically, is an integral part of the grid.
Sunrise brief: Intersolar North America and Energy Storage North America opens in Long Beach
Also on the rise: U.S. energy storage market set for take off. Solar turns brownfields into green wellsprings. And more.
Intersolar North America and Energy Storage North America opens in Long Beach, Calif.
From February 14 to 16 approximately 6,000+ energy industry leaders and 300+ exhibitors will attend Intersolar and Energy Storage North America.
U.S. energy storage market set for take off
The U.S. Inflation Reduction Act (IRA) is set to ignite the energy storage market in 2024, as analysts expect up to 65 GW/260 GWh of projects through 2026. The outlook is for battery project sizes to increase as the pipeline takes shape.
California’s new net metering policy brings batteries into the forefront
While NEM 3.0 is expected is to slash the rate paid for solar energy sold back to the grid, batteries can help maintain the value of solar. The next wave of clean technology adoption, however, must seek non-lithium batteries and take advantage of new safe and affordable chemistries.
