The solar microinverter and battery energy storage provider released updates to its product suite to maximize returns under the new net metering rates regime in California.
Also on the rise: Top five solar inverter vendors accounted for 71% of shipments in 2022, U.S. startup to produce perovskite glass for tandem modules and Amogy eyes commercialization of zero-emission, ammonia-powered semi-truck.
Solar pre-cooling consists of using residential PV systems to run air conditioners to pre-cool residential and commercial buildings. It offers benefits in terms of mitigating low minimum demand in electricity networks, flattening the grid’s net demand profile, and reducing electricity bills.
The company’s ammonia-to-power technology could present a solution to decarbonize the heavy-duty trucking sector.
Also on the rise: Nikola bags $58.2 million for hydrogen stations to fuel heavy-duty vehicles. How New York State can stay on track with green-grid goals. And more.
The Office of the New York State Comptroller suggests streamlining three parallel processes to ensure a carbon-free grid by 2040.
Following the Federal Reserve’s interest rate hikes, the loan products of the residential solar finance company Sunlight Financial are at risk of being sold for a loss. This has led the firm to question its ability to continue operating.
Also on the rise: An alternative to California’s proposed income-based fixed monthly utility bill charge, retired coal plant to be running on 100% hydrogen by 2045 and scientists explore aquatic effects of floating solar.
The company will invest $1 billion in the TOPCon manufacturing facility, creating up to 1,800 highly skilled jobs.
Also on the rise: Clearway to procure 2 GW of solar trackers from Nextracker, Boston mayor bans fossil fuel use in municipal buildings and a developer challenges Massachusetts town on solar zoning restrictions.
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