Wood Mackenzie’s new leaderboard ranks battery manufacturers and solar-plus-storage installers. Recent findings show that three companies have held 80% of the market since 2018, but that tide is turning as new providers enter the growing market.
Solar Energy Industries Association and Wood Mackenzie report estimates that 33 GW of solar was added in 2023. Despite economic challenges in the near future, solar is expected to be the largest source of generating capacity by 2050.
Also on the rise: Tesla Cybertruck can power your home and more. SolarEdge expected to drop from S&P 500. And more.
CPUC has now disallowed using battery-tied solar exports to offset delivery charges. This comes after it moved to slash the value of standalone solar exports as a way to encourage pairing systems with battery storage.
Poor Q3 results are the result of a slow market environment that are, in part, the result of high interest rates and reduction in net energy metering credit values.
Also on the rise: EV adoption can help curb urban air pollution. Battery prices down 14% this year. And more.
The rollercoaster of surging and plunging demand is a familiar feature of many PV marketplaces. Ethan Miller, the chief operating officer of Powur, a residential solar sales and project fulfillment platform, reports that the ‘solar coaster’ has arrived in the United States this year.
Also on the rise: Shoals posts 48% year-over-year growth in record quarter. Strategies to deploying solar in underserved communities. And more.
In the pv magazine Roundtables US 2023 live event, four expert panelists shared their views on the post-NEM 3.0 California rooftop solar market, and how energy storage will need to play an increasingly important role.
Also on the rise: California proposes “blatant seizure of property” in solar ruling. Panasonic unveils new residential heat pumps. And more.
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