SolarEdge expected to drop from S&P 500
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.
Sunrise brief: California rooftop solar installations drop 80% following NEM 3.0
Also on the rise: EV adoption can help curb urban air pollution. Battery prices down 14% this year. And more.
Rollercoaster year for U.S. residential solar segment
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.
Sunrise brief: California rooftop solar policy struggles serve as warning to nation
Also on the rise: Shoals posts 48% year-over-year growth in record quarter. Strategies to deploying solar in underserved communities. And more.
California rooftop solar policy struggles serve as warning to nation
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.
Sunrise brief: New York announces largest state investment in renewable energy in U.S. history
Also on the rise: California proposes “blatant seizure of property” in solar ruling. Panasonic unveils new residential heat pumps. And more.
Residential solar is getting crushed by high interest rates and regulatory changes
Many installers are filing for bankruptcy and stocks have crashed 15% to 30% or more based on weak guidance.
Tesla solar business slips 48% year-over-year
Meanwhile, the automaker’s energy storage unit boosted revenues by 40%, according to its Q3 earnings report.
Solar advocates appeal North Carolina net metering cuts
Payment cuts to rooftop solar generation exports were in violation of state law, said the appeal.
Sunrise brief: Grid-forming inverters will enable a high-renewables grid
Also on the rise: Sonnen NEM-proofs solar batteries. How local governments are driving solar energy growth. And more.
