Another domino falls in rooftop solar net metering
Electric utility commissions across the nation are following the lead of California to cut compensation for rooftop solar generation. Is Idaho the next step in a death march for the industry?
Sunrise brief: Energy storage provider Bluetti enters Texas solar market
Also on the rise: DOE seeks input on high-priority areas for transmission. First Solar closes $700 million in tax credit transfer sales. And more.
Sunrise brief: Treasury and IRS released proposed 45V guidance on credit for hydrogen production
Also on the rise: All I want for Christmas is one terawatt of solar deployed annually. 75% of California solar companies are high risk, more bankruptcy on the way. And more.
Insurer: 75% of California rooftop solar companies are high risk, more bankruptcy on the way
Solar Insure told pv magazine USA the financial stability of rooftop solar companies operating in California is in question. Despite this, California reaffirmed recent anti-solar decisions in a recent appeals court hearing.
Sunrise brief: SunPower warns business may go under
Also on the rise: Waaree Energies to build 5 GW solar cell and module factory in Texas. Who’s on top of the residential solar-plus-storage market? And more.
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.
Enphase to lay off 10% of workforce
The company is also shutting down contract manufacturing in the U.S. and Romania.
U.S. House Energy Committee expresses outrage over solar sales tactics
Committee sent a letter to Jigar Shah’s Loan Program Office asking questions about Sunnova’s sales tactics and customer support, in light of their recently granted $3 billion VPP guaranteed loans.
California is home to roughly 37% of U.S. electric vehicles
As of 2022, California hosted 27% of all U.S. EV charging stations. The number of EVs added is outpacing the number of charging locations deployed.
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.
