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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.

The 2023 BloombergNEF Summit focused on grid innovations, climate change and renewable energy technology and saw in excess of 800 attendees turn out in person and on a live webcast, with about 26 corporate sponsors.

Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA

Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.

High Impact Solar is planning on submitting applications for more than 65 projects for the anticipated Q3 2023 low-and-moderate income (LMI) communities adder, even though the developer has yet to see the application, founder John B. Wood said.

Also on the rise: Challenges to tackle in the new era for solar energy. Bank of America funding for solar workforce. And more.

The solar and energy-as-a-service company recorded more than 5,000 of new customers in Puerto Rico, representing its second highest market after California, where it added 5,512 new customers.