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Connecticut

Sunrise brief: Nextracker announces IPO pricing 

Also on the rise: SnapNrack introduces solar mount that attaches to modulee bfore roof. IRA spurs 101K clean energy jobs in first six months. And more.

Rapidly growing U.S. microgrid market achieves 10 GW in 2022

Driven by a rising demand for uninterrupted services, corporate ESG goals, and military resilience plans, Wood Mackenzie estimates the U.S. microgrid market has seen a 47% increase in solar and storage capacity in 2022 compared to 2017 levels.

ReneSola posts 86% increased Q3 revenue, reflecting near-term addition of European IPP assets

Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.

Sunrise brief: Canadian Solar business inks battery deal with UBS

Also on the rise: Michigan’s regulator appears friendlier to solar. Canadian Solar’s battery business inks a large supply agreement for a global investor. And more.

UConn receives $4.4 million solar-plus-batteries predictive resilience grant

The University of Connecticut’s Eversource Energy Center will develop technologies to shorten power outages.

Altus Power increases portfolio by 100 MW, increasing revenue 51%

The commercial and industrial PV developer grew its portfolio over the last quarter by acquiring a 100 MW portfolio of assets in 5 states.

Green Banks may compete for $27 billion from fund set up by Inflation Reduction Act

$15 billion of the funds appropriated under the Inflation Reduction Act will support low-income and disadvantaged communities, including $7 billion for zero-emission technologies such as rooftop solar. The other $12 billion will support additional investments in low- and zero-emission projects.

Sunrise brief: National Solar Jobs Census finds that solar jobs increased 9% nationwide in 2021

Also on the rise: New home battery can provide backup power as well as smart time of use charging/discharging. Connecticut to allow distributed resources to compete with distribution grid upgrades. And more.

Connecticut to allow distributed resources to compete with distribution grid upgrades

Connecticut would join five other states in enabling distributed storage, solar and other non-wires alternatives to compete with traditional distribution system capacity upgrades, under a program being finalized by Connecticut regulators.

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Incentives drive solar adoption among low- to middle-income residents

With the emerging energy justice agenda, US policymakers could use incentives to help low- to moderate-income households adopt solar, according to a recent Lawrence Berkeley National Lab report.

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