A report from marketplace operator EnergySage noted that average system costs are declining, and payback periods are improving. It highlighted a recent market share capture from Tesla in the inverter and energy storage market.
Enphase Energy introduced a power control feature that allows customers to expand their solar and storage without triggering a transition to the less lucrative NEM 3.0 billing system.
A webinar hosted by Roth Capital Partners looked at the health of the residential solar market and forecasts for next year.
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.
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