IRS releases guidance on low-income solar tax credit booster
According to IRS guidance, 1.8 GW of solar is eligible for 40% and 50% tax credits via the IRA, with the Low-Income Communities Bonus Credit Program.
Maryland bill to boost adoption of residential solar
If passed, the bill would increase Maryland’s residential clean energy grant from $1,000 to $5,000 to boost adoption of rooftop solar, create local clean energy jobs, and help meet the state’s climate goals.
Canadian manufacturer releases carbon-fiber solar panel for boats
Lightleaf’s new 110 W PV module features monocrystalline solar cells from SunPower Maxeon, with 25.1% efficiency. It has a rigid carbon-fiber foam foundation instead of glass, and weighs just 2.5 kg.
Sunrise brief: Energy justice, LMI solar strike a chord at Intersolar North America
Also on the rise: Whole home backup solar battery, DC-to-DC electric vehicle charger debut at Intersolar. New Jersey steps ahead with clean energy initiatives. And more.
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.
