Markets & Policy

Maxeon module shipments of 734 MW were above ROTH MKM Partners’ estimate of 699 MW, and a 27.2% improvement over 577 MW shipped in Q4 2021.

Also on the rise: Sunnova to deploy solar and storage virtual power plant in Texas. Bipartisan Michigan bill would unlock community solar market. And more.

The senate-sponsored bill would enable residents and businesses to subscribe to offsite solar projects to receive a credit on their utility bills.

Grocery store chain Meijer and pharmaceutical company Charles River Laboratories holds virtual PPA’s for 185 MW of Pisgah Ridge Solar’s 250 MW power output, while a third offtaker has never been identified.

The company will partner with David Energy, a retail energy provider. Virtual power plants enable distributed resources to work in tandem to better respond to electricity grid demand.

NEM 3.0 takes effect on April 15. For customers who don’t qualify, or don’t get an application submitted in time, developers need to be ready to implement more solar and storage projects down the line.

The facility expects to produce  7,000 tonnes of cobalt per year and calls for 28.4 MW of on-site solar power generating arrays to be installed on 105 acres of the company’s 139-acre property in Yuma County, Ariz.

Job moves in solar, storage, cleantech, utilities, and energy transition finance.

Also on the rise: Distributed generation finance platform raises $25 million. Honda reusing vehicle fuel cells to build 500 kW stationary fuel cell system. And more.

With increasing capital commitments, there is now a shift to minority investments and emergent technology subsectors. pv magazine evaluates the M&A outlooks provided by CohnReznick Capital and FTI Consulting.