A Shell gas station is expected to save over $150,000 from a solar array installed on the roof of its pumping station.
Sinovoltaics analyzed publicly traded inverter producers using a balance sheet-based model and publicly available financial information to track financial strength over the past three years. The top-five in the latest ranking are Hoymiles Power Electronics, Enphase, Kstar, Eaton, and Goodwe.
Also on the rise: SunPower to close business units, cut about 26% of workforce. Reconductoring could enable 764 GW of transmission-connected solar by 2035. And more.
The company remains profitable, generating $41.8 million in free cash flow, despite a slumping market.
EnergySage marketplace data from the second half of 2023 shows moderate declines in cost for solar and energy storage.
Also on the rise: Enphase Energy releases control software for home solar, battery systems. Final rules for renewable energy development on public lands And more.
Enphase Energy, a California-based microinverter specialist, says its new power control system will give North American customers that use its energy systems more flexibility to build larger projects.
There may be a global solar boom but a drastic revision of California’s net metering program has ruptured the industry overnight and is affecting everyone from installers to financiers to makers of power electronics, as Tristan Rayner reports.
The 18th edition of the EnergySage Marketplace Report finds the residential solar segment in the U.S. is rocked by persistent inflation, the California NEM 3.0 and rising loan fees. Yet prices have fallen and consumer interest in storage is strong.
Also on the rise: Recurrent Energy secures $160 million for Louisiana solar project. Solar corporate funding rises 42% globally in 2023. And more.
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