The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.
Congress has authorized more than $3 trillion in coronavirus relief, but none of this money has been for job creation. Supported by SEIA, a national climate bank can create millions of jobs, especially in low and medium-income communities.
The Swedish furniture giant has announced it will be turning one of its Australian superstores into its first 100% renewably-powered solar + storage retail project. Australia is also home to the company’s first expansion of its retail solar offering, Solstråle.
With a timely focus on jobs and environmental justice, recommendations in the 538-page plan range from a solar ITC extension to a pushback on FERC’s ability to create wholesale market barriers to clean energy.
Can this technology be commercialized? A partnership between Siemens Energy and EnergyNest to develop thermal storage solutions together is the latest development in an industry with lots of potential, but little practical application thus far.
Industry participants noted the significance of a real-time pricing project on a single distribution circuit in California. State officials are evaluating real-time pricing as a means to help integrate more solar and wind power on the grid.
Also in the brief: Project development galore from EDF, Pine Gate, Silver Creek, Idemitsu, and Origis Energy.
Executive moves in solar, storage, cleantech, utilities and energy VC
The Chinese manufacturer has debuted two models in the new bifacial, double-glass series to join the scramble for a slice of the 500 W-plus market and to stake its claim to set the 182mm, M10 wafer adopted as the industry standard.
The value of rooftop solar is well above the net metering compensation paid to customers with rooftop solar, the solar association found.
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