Who’s on top of the residential solar-plus-storage market?
Wood Mackenzie’s new leaderboard ranks battery manufacturers and solar-plus-storage installers. Recent findings show that three companies have held 80% of the market since 2018, but that tide is turning as new providers enter the growing market.
Trends in U.S. grid-scale energy storage
The IRA’s investment tax credit for energy storage along with increased utility adoption are critical drivers in the growth of energy storage; however, challenges remain in the build-out of the manufacturing of storage needed to support the U.S. goal of getting to net zero.
‘Not a very special year’: Canada solar expert mulls 2022 slump
Last year Canada switched on its largest utility-scale PV array, the 465 MWac Travers Solar Project, which buoyed solar figures to 4.4 GW, according to the International Renewable Energy Agency (IRENA). But a PV expert warns a six-month pause on renewable energy projects in Alberta this year could slow the whole country’s momentum.
Sunrise brief: Unprecedented solar and storage growth on horizon
Also on the rise: Nova Scotia’s largest utility-scale solar facility is complete. Adapture Renewables acquires 450 MW solar portfolio in MISO region. And more.
Unprecedented solar and storage growth on horizon with record installations and investments
The Inflation Reduction Act and Bipartisan Infrastructure Law mark an epochal shift in the landscape of clean energy policy, heralding a new era for the solar and energy storage sectors in the U.S.
Sunrise brief: Guidance released for 45x clean energy manufacturing tax credits
Also on the rise: Record-breaking Q3 for U.S. energy storage deployment. Form Energy awarded $30 million for 100-hour iron-air battery project in California. And more.
Record-breaking Q3 for U.S. energy storage deployment
Wood Mackenzie/ACP report estimates that grid scale energy storage deployment increased by 37% quarter on quarter.
Sunrise brief: Enphase launches three-phase inverter for commercial market
Also on the rise: SMA to build 3.5 GW inverter factory in U.S. Residential air source heat pump for cold climates. And more.
SMA to build 3.5 GW inverter factory in U.S.
SMA Solar Technology AG says it will open a new 3.5 GW inverter factory at an unspecified location in the United States in 2025. The German manufacturer is currently talking with several U.S. states and potential partners to select the best production site.
Elevating U.S. energy security & reshaping domestic supply chains
Amidst the changing currents of U.S. energy policy and supply chain reform, the states of Nevada and Arkansas stand center stage in the development of lithium projects.
