Tariffs are greatly affecting the battery energy storage market because it’s one of the remaining clean energy sectors that sources materials mainly from China.
Raghu Belur who helped direct microinverter leader Enphase Energy for nearly two decades, sees today’s volatile U.S. solar policy and industry conditions as mere speed bumps in the irrepressible spread of solar.
The troubled residential solar company entered into asset and power purchase agreements to support operations while it seeks a buyer.
The executive director of the Energy Policy Design Institute describes the development of virtual power plant policy frameworks that can help public utility commissions create clear regulations and set industry best practices.
Effective this August, the new law will provide property tax breaks and other incentives for siting solar projects on brownfields and former coal mines.
Connecticut lawmakers voted to pass expansive community solar legislation that would expire the next day, leaving no time for the Senate to discuss the bill.
Financing challenges, manufacturing uncertainty, and soaring data center demand dominated day one of the ACORE Finance Forum, but the biggest concern was political: proposed changes to the Inflation Reduction Act, described by one speaker as a potential “self-goal,” cast a shadow over an otherwise optimistic outlook for clean energy investment.
The increased manufacturing capacity supports the growing solar generating capacity, with solar and storage accounting for 82% of all new generating capacity added to the grid. However, the House bill coupled with rising tariffs threaten the trajectory.
Regardless of legislative outcomes, T.J. Rodgers vowed that SunPower would survive any solar-industry policy turbulence.
The company joins a growing list of major U.S. residential solar players in financial distress or bankruptcy.
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