Early-stage battery and energy storage companies will have to disrupt conventional approaches, forge strategic partnerships, and navigate a landscape dominated by established giants.
While the Inflation Reduction Act (IRA) is reshoring solar manufacturing in the United States, raising import tariffs may slow momentum. The actions of the incoming Trump administration are tough to forecast at this point.
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.
Also on the rise: Flexible interconnection can generate 176% more revenue for community solar. The solar industry’s top 10 priorities for Trump. And more.
The Solar Energy Industries Association (SEIA) proposed ten facets of a strong solar industry under a Trump administration.
Mitsubishi UFJ Financial Group provided the funding to help Convergent Energy and Power advance its energy storage and solar portfolio in North America.
Section 301 tariffs on imported solar polysilicon and wafers were increased to 50%.
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.
Also on the rise: The future of U.S. solar in five charts. Commercial and industrial rooftop solar business secures $847 million. And more.
Raptor Maps secured the Series C funding, and plans to use it to accelerate product development, including enhancements in solar automation, work management, and machine-learning insights.
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