There may be a global solar boom but a drastic revision of California’s net metering program has ruptured the industry overnight and is affecting everyone from installers to financiers to makers of power electronics, as Tristan Rayner reports.
Lyten reports its batteries offer double the energy density of those made from traditional lithium-ion chemistries due to their graphene cell.
The transition to California’s new net metering, ‘NEM 3.0,’ regime was justified, in part, as a way to support residential energy storage installations but the state policy has pushed rooftop solar off a cliff.
Also on the rise: U.S. solar industry week in review. U.S. expected to outpace Europe in lithium-ion battery cells. And more.
The Solar Energy Industries Association (SEIA) released an overview of the top states for solar installation last year.
Also on the rise: Solar now accounts for over 50% of new electricity capacity added to the U.S. grid. IRS final rules for clean energy tax credit direct pay and transferability. And more.
The California Public Utilities Commission issued a proposed decision that the Net Value Billing Tariff conflicts with federal law, leaving to question the future of the potentially burgeoning community solar market.
Looking back at the first full year since passage of the Inflation Reduction Act, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of energy, jobs and investment opportunity.
The oil giant expects the facility to produce about 2.2 tons of hydrogen per day by 2025.
Also on the rise: Grid operators in California and Texas earn “B” grades, others score poorly. Calculating potential impact of EPA’s $7 billion Solar for All program. And more.
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