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Markets & Policy

Quilt launches 3-zone ductless heat pump for residential applications

U.S. startup Quilt has introduced a new three-zone ductless heat pump for residential use, offering independent temperature control across three areas with a single outdoor unit. The system uses R32 (difluoromethane) as the refrigerant and can reportedly achieved a coefficient of performance of 4.2 at 8 C.

T1 Energy completes $160 million sale of production tax credits

The transaction involves Section 45X credits generated from solar module manufacturing through December 2025.

Sunrun and HASI close $500 million distributed energy joint venture

The partnership aims to finance 300 MW of residential solar and storage capacity across 40,000 home power plants.

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California reclaims authority to move stalled Soda Mountain solar project toward approval

The California Energy Commission recommended the approval of the Soda Mountain Solar Project, officially fast-tracking the long-delayed project that was stuck at the local level through a state-led permitting process.

Huawei, Sungrow lead Wood Mackenzie’s inverter market ranking

Wood Mackenzie’s first-half 2025 solar inverter ranking finds the top 10 leading inverter manufacturers have a 71% global market share.

Nofar USA wins bid to acquire solar assets of bankrupt Pine Gate Renewables

The $285 million acquisition of utility-scale assets follows a Chapter 11 filing by the major North Carolina developer as it navigates a restructuring process for its development pipeline.

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Google acquires clean energy developer Intersect Power for nearly $5 billion

Google is set to acquire the solar and storage developer, arming itself with the tools to bypass grid bottlenecks and build the projects that will power its AI datacenters.

Early Solar forecast: First half 2026 solar irradiance outlook

In a new weekly update for pv magazine, Solcast, a DNV company, reports that early 2026 will bring mixed solar conditions globally, with strong prospects in eastern Australia and eastern China, but cloudier-than-normal outlooks for much of Europe, Asia, and parts of the US early in the year.

California water district plans up to 21 GW of solar on land fallowed due to water shortages

A water district serving the western San Joaquin Valley has established a long-term blueprint for developing solar, storage and transmission on lands that “can no longer sustain irrigated agriculture.”

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U.S. market on course to hit 737.8 GW of solar by 2035

GlobalData’s latest analysis says the U.S. will add between 41 GW and 52 GW of solar annually until 2035.

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