Sunrise brief: California pulls the plug on rooftop solar
Also on the rise: Is Auxin going to sue to overturn the pause on solar tariffs? Solar wafer production coming to America.. And more.
California pulls the plug on rooftop solar
The Public Utilities Commission approved Net Energy Metering 3.0, slashing payments for sending rooftop solar production to the grid. New rooftop solar projects are now considered uneconomical without an attached battery.
U.S. grid-scale and residential energy storage hit installation records in Q3
Wood Mackenzie said 96% of grid-scale deployments occurred in Texas and California.
CubicPV plans 10 GW of conventional silicon wafer production
With $26M in new funding, CubicPV announces plans to manufacture silicon wafers in the United States, filling a critical gap in the U.S. solar supply chain.
Sunrise brief: U.S. Solar Market Insight Q4 2022 forecasts a 23% decline in solar installations
Also on the rise: “Dragon scale” solar panels chosen for new space station housing units. Solar carport tax incentives legislation proposed in California. And more.
Solar carport tax incentives suggested in California
California Senator Josh Becker submitted SB 49, which roughly states that California should incentivize parking lot solar power via an (as of yet) unspecified tax credit.
Solar performance reduced by up to 30% during peak wildfire seasons, report finds
National Center for Atmospheric Research scientists ran tests to improve the ability to forecast solar production around wildfire season.
Sunrise brief: Don’t let the solar lights go out in California
Also on the rise: American Battery Factory chooses Tucson as the place for giga-plant. Biden admin wants to shore up resiliency with solar-plus-storage in Puerto Rico. And more.
Don’t let the solar lights go out in California
California deserves its shining reputation as an incubator of innovative environmental policies that protect our planet. But the Golden State is now at risk of dimming its own success.
Tigo Energy to go public via Roth Capital, Craig-Hallum SPAC platform
The 15-year old solar inverter and electronics company will have a $600 million pre-money equity valuation when it goes public by Q2, 2023.
