Sunrise brief: Virtual power plants could save utilities up to $35 billion by 2033
Also on the rise: Why solar assets are underperforming expectations by 8%. Ikea bets on Meyer Burger’s heterojunction solar modules. And more.
SunPower secures $550 million loan purchase commitment
Private equity firm KKR committed to purchasing loans made to SunPower customers.
Ikea bets on Meyer Burger’s heterojunction solar modules
Between 2025 and 2029, the investment company of the Swedish furniture group will purchase solar modules produced in the U.S. by the Swiss photovoltaic manufacturer. The agreement is the basis for Meyer Burger to increase annual production capacity at its Arizona site to around 2 GW.
Sunrise brief: SunPower residential solar now offered in IKEA California locations
Also on the rise: National initiative needed to transition to high-DER grid. RE+ announces three new co-located clean energy events. And more.
SunPower residential solar now offered in IKEA California locations
The collaboration aims to make home solar shopping more accessible, making solar a key aspect of the home improvement process.
Sunrise brief: Bipartisan urgency from Senate to resolve solar anticircumvention case
Also on the rise: Hanwha Solutions to expand solar cell and module manufacturing in the United States and Korea. The pv magazine tour of solar incentives stops in Vermont, home to aggressive renewable energy mandates and a one of the nation’s most forward-thinking utilities. IKEA to offer SunPower residential solar and energy storage. Electric vehicles are cheaper than gas-powered, depending on the state and incentives.
IKEA to offer SunPower residential solar and energy storage
The partnership is set to launch in California this fall.
Watch: IKEA completes 1.35 MW solar carport, with seven more underway
Distributed Solar Development built the Baltimore carport and will deliver the home furnishings giant’s other projects in Maryland and California.
Ikea invests more in solar by the day
The Swedish furniture giant has announced it will be turning one of its Australian superstores into its first 100% renewably-powered solar + storage retail project. Australia is also home to the company’s first expansion of its retail solar offering, Solstråle.
pvMB 1/25/19: Digital Reality+SunEnergy1+Facebook+80MW, Ikea hits 56 MW and more…
Happy Friday. In today’s pv magazine USA morning brief Forefront Power and Arcadia Energy are moving through 75 MW of community solar in New York, Florida Governor Desantis is lacking renewables, and solar is still exponential.
