Also on the rise: EcoFlow unveils air-to-water heat pump, PV-powered water heater.
pv magazine USA spotlights news stories of the past week including market trends, project updates, policy changes and more.
Mercom Capital Group says that total corporate solar funding, global venture capital funding, public market financing, and PV mergers and acquisitions all fell year on year in the first quarter of 2024. The sector is still grappling with high interest rates, which Wood Mackenzie says is disproportionately affecting renewables projects.
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) has published a wide-reaching snapshot of the global PV market, covering installations, manufacturing, policy trends, and grid integration.
Research indicates that most neighbors of solar power facilities maintain positive attitudes toward these plants until they exceed 100 MW in capacity or approximately 400 acres.
EcoFlow has launched a new air-to-water heat pump for residential applications. The new product, equipped with R290 refrigerant, is available in 9 kW and 20 kW versions.
Artificial intelligence models can be used during the solar pre-construction planning and design process, as well as afterwards to help with monitoring, weather forecasting, predictive maintenance and more.
Also on the rise: Allow solar developers to choose “connect and manage,” says DOE roadmap. Massachusetts city that mandates solar on new buildings celebrates latest success. And more.
Watertown, Massachusetts, a city with a model energy plan, now has a Gold LEED certified building with 252 kW solar and 125 kW storage system, along with 15 EV charging ports.
Innovative financing models and supportive policies are needed to make community solar financially viable and attractive to investors.
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