Sunrise brief: REC Silicon shuts down polysilicon operations in Moses Lake
Also on the rise: Predictions for the solar energy landscape in 2025. Samsung launches monobloc air-to-water heat pumps. And more.
Samsung launches monobloc air-to-water heat pumps
Now available in the North American market, the manufacturer says these heat pumps work with new AI technology and reportedly perform better when connected to a PV system.
Major trends that shaped U.S. solar energy in 2024
Falling solar module costs, a ramp-up in domestic manufacturing, backed up grid interconnection queues, high interest rates and shifting policies, trade policy enforcement, weather resilience efforts and more have guided the solar industry to where we stand today.
Sunrise brief Walmart, Nexamp to bring 31 community solar projects to five U.S. states
Also on the rise: Massachusetts city sources solar power from Illinois, Stationary storage installations surge to 170 GWh in 2024, and more.
New installation projects for U.S. Army, New York community solar
Two 6.5 MW projects located on the Fort Johnson U.S. Army installation are underway, and a new 5 MW community solar project in New York is complete.
A solar-powered economy
Despite political uncertainty, one thing is clear: solar will play a critical role in powering the US economy. That was discussed at length in the three-day pv magazine USA Week virtual event. Ryan Kennedy provides some key takeaways.
Energy storage sets record Q3 growth
The U.S. energy storage market continued its strong growth in Q3. Storage installations, which totaled 3.8 GW, increased by 80% from the previous year. A total of 3,431 MW and 9,188 MWh was deployed in the grid-scale segment, the largest capacity installed in a Q3 on record.
Five charts forecasting the future for solar energy
Forecasts from the U.S. Solar Energy Industries Association (SEIA) show sustained growth through 2030.
BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh
Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
Tesla first in global battery energy storage system financial strength rankings
The latest financial stability ranking from Sinovoltaics keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
