Enphase Q4 revenues drop 35% in U.S. and 70% in Europe
Reduced demand and reduced shipments due to high unsold inventory at distributors cratered the company’s revenues in its Q4 2023 report.
California unlikely to reach clean energy targets without rooftop solar
The state’s rooftop solar industry is rapidly shedding jobs and losing companies to bankruptcy due to adversarial policy changes. The California Solar and Storage Association (CALSSA) offered some near-term policy changes to slow the bleeding and to address the cause of this crisis.
Sunrise brief: Idaho cuts rooftop solar compensation rates
Also on the rise: Top ten articles on pv magazine USA in 2023. Make PV modules as cheap as possible, but not cheaper. And more.
Most read articles of 2023: pv magazine USA
The top ten most read articles in U.S. solar circled around shifting state policies, solar power curtailment, equipment longevity, and more.
Sunrise brief: Treasury and IRS released proposed 45V guidance on credit for hydrogen production
Also on the rise: All I want for Christmas is one terawatt of solar deployed annually. 75% of California solar companies are high risk, more bankruptcy on the way. And more.
Insurer: 75% of California rooftop solar companies are high risk, more bankruptcy on the way
Solar Insure told pv magazine USA the financial stability of rooftop solar companies operating in California is in question. Despite this, California reaffirmed recent anti-solar decisions in a recent appeals court hearing.
Who’s on top of the residential solar-plus-storage market?
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.
After a banner year, U.S. solar industry back on roller coaster through 2026
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.
Sunrise brief: California “added insult to injury” latest anti-solar ruling
Also on the rise: Tesla Cybertruck can power your home and more. SolarEdge expected to drop from S&P 500. And more.
California “added insult to injury” latest anti-solar ruling
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.
