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.
Ten reasons why small-scale, non-utility solar is important
Behind-the-meter solar for homes, businesses, and communities comes with numerous benefits, said a paper from Stanford engineering professor Mark Jacobson.
Sunrise brief: U.S. sets antidumping duties for Southeast Asian solar cells
Also on the rise: The launch of a new renewable energy investment bank. New York state’s self-developed 3.5 GW portfolio under due diligence. And more.
New York state’s self-developed 3.5 GW portfolio under due diligence
Under pressure to achieve its 100% clean energy goals by 2040, the NYPA, operating under enhanced authority granted in 2023, is advancing its first 40 self-developed clean energy projects.
SolarEdge announces closure of its energy storage division
SolarEdge will shutter its energy storage unit and manufacturing, cutting 500 jobs.
Fifteen states shine with 50%+ solar growth in a year
The US saw solar power generation grow by 21.6% over the last year, with 26 states outpacing the national average. Among these, a group of 15 states achieved remarkable growth of over 50%, led by some surprising players.
Panasonic releases new R32 heat pumps
Panasonic launched its new R32 heat pumps for the Canadian market, introducing the Exterios Z and ClimaPure XZ series. The models offer heating capacities ranging from 10,900 Btu/h to 28,800 Btu/h, depending on specifications.
United States on track to install 0.7 GW of floating solar by 2033
Wood Mackenzie’s floating solar report projects that global floating solar markets will reach 57 GW of capacity by 2033. The U.S. market remains small due to limited land availability and high capex.
