United States

Also on the rise: The economics of solar grazing. SMA America debuts home energy storage solution. And more.

Wood Mackenzie expects 270 GW of new global PV capacity in 2023, up 33% year on year. However, the annual growth rate is anticipated to fall to 1% in 2024 and to increase again by 5% in 2025.

The Sunny Boy Smart Energy hybrid inverter is at the heart of the energy storage solution and it can be equipped with SMA’s Backup Secure to control the home’s energy, sending it to chosen appliances when needed.

Solestial’s ultra-thin solar cells will power in-space delivery vehicles for Atomos Space.

A survey conducted by researchers at the University of Illinois, combined with prior research, details what solar grazers have purchased when building out their businesses and what they earn. Additional documentation highlights complex grazing business plans on large utility-scale solar facilities.

Conservation researchers released a report outlining how key stakeholders can collaborate to build a transmission grid that benefits wildlife and humans while still meeting clean energy goals.

Also on the rise: SolarEdge stock trades down despite record revenue in Q2. Sunnova to participate in battery emergency program in Puerto Rico. And more.

Over 2,000 GW of generation and storage were trapped in interconnection queues. Wait times averaged five years. FERC introduced numerous reforms that will help mend this problem.

The company had strong performance in European residential and commercial markets, whereas the U.S. residential solar market wavered in Q2.

Energy Vault has begun commissioning a 25 MW / 100 MWh energy storage tower adjacent to a wind power facility outside of Shanghai.