Soltec introduces hail defense algorithm for solar trackers
Hail losses in exceeded $1 billion in the United States in 2021.
People on the move: Rabobank, Peninsula Clean Energy, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
U.S. Energy Information Administration says solar power will surpass hydropower by 14% next year
The rapid growth in the generation capacity of solar systems and decreased manufacturing costs can be attributed to this finding.
Sunrise brief: Indiana killed net metering, solar down 67%
Also on the rise: VPPs get the VIP treatment, defining domestic content in solar projects, and more.
Defining domestic content in solar projects
A closer look at guidance on the Inflation Reduction Act domestic content adder.
Indiana killed net metering, solar down 67%, utility now seeking 23% rate increase
A recent filing by Citizens Action Coalition of Indiana reveals a 67% decrease in distributed solar installations since Indiana-Michigan Power Company replaced net metering with the “excess distributed generation” program.
Drags on demand for U.S. residential solar
The Invesco Solar exchange traded fund (ETF) TAN significantly underperformed relative to the S&P 500 and the Dow Jones Industrial Average (DJIA) stock indexes in September. Jesse Pichel, of Roth Capital Partners, puts this down to oversupply in the United States residential sector.
VPPs get the VIP treatment
With net metering waning in the United States and utilities looking for ways to affordably bolster their electricity networks, the US Department of Energy (DOE) is trying to support virtual power plant (VPP) deployment. Solar industry veteran Jigar Shah, known as the father of the solar power purchase agreement, is now leading the charge at the department’s Loans Programs Office.
Sunrise brief: Enphase launches commercial scale microinverter
Also on the rise: Tribal community breaks ground on solar canal, new MPPT approaches, and more.
Enphase launches commercial scale microinverter
The IQ8-3P solar microinverter enables peak power output of up to 480 W.
