Solar inverter manufacturer financial stability ranking updated
The latest financial stability ranking of inverter manufacturers from Sinovoltaics lists Hoymiles Power Electronics, Eaton, Enphase, Kstar and Delta Electronics as the top five.
IRA-driven battery projects face delays amid economic headwinds: report
A Financial Times report has found numerous IRA-driven projects announced or under construction have been placed on hold or cancelled, including the battery industry, due largely to an EV slowdown.
Sunrise brief: Tesla usurps Sungrow as lead BESS producer globally in 2023
Also on the rise: SEG Solar opens 2 GW module factory in Houston. U.S. community solar to double in five years. And more.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Wood Mackenzie: U.S. community solar to double in five years
Cumulative community solar installations are forecast to increase from less than 7 GW installed today to over 14 GW by 2029.
SEG Solar opens 2 GW module factory in Houston
Ribbon-cutting event marks $60 million investment in U.S. solar manufacturing.
CleanCapital acquires 13 MW brownfield portfolio
The two projects include Steel Sun II, located on the former Bethlehem Steel site on Buffalo’s waterfront and the Homeridae project, one of two solar arrays in Olean sited on a former oil refinery and tank farm.
Tesla usurps Sungrow as lead BESS producer globally in 2023
Sungrow has lost its crown as the “lead producer” in the battery energy storage system (BESS) integrator market to Tesla, according to the Wood Mackenzie report ‘Global battery energy storage system integrator ranking 2024’. Tesla claimed a 15% global market share in 2023.
Solar+storage microgrids to provide reliability for Northern California tribes
Solar-plus-storage microgrids to be built, owned and operated by three tribes in Humboldt County, California are expected to reduce outages by 90% at a lower cost than undergrounding power lines.
Sunrise brief: Republicans in House call for preserving IRA
Also on the rise: U.S. government announces resources to protect solar customers. U.S. DOE announces $1.45 billion loan for Qcells solar panel factory. And more.
