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.
Homeowners improve solar plus battery payback period with virtual power plants
Virtual power plants (VPP) coordinate home energy resources, dispatching power to the grid at key times of high electricity demand in exchange for compensation.
California slashes rooftop solar export compensation for renters, schools, farms
The California Public Utilities Commission made yet another ruling to harm the value of rooftop solar and create beneficial market opportunities for the state’s large investor-owned utilities.
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.
Sunrise brief: Suniva announces IRA-driven manufacturing, undermining the value of solar tariffs
Also on the rise: DOE announces $7 billion to kick off seven regional clean hydrogen hubs. Historic agreement accelerates large-scale solar development while minimizing land use impact. And more.
Solar advocates appeal North Carolina net metering cuts
Payment cuts to rooftop solar generation exports were in violation of state law, said the appeal.
Solar industry should focus on virtual power plants, says DOE’s Jigar Shah
With the days of solar net metering “numbered” and more utilities looking to deploy virtual power plants that compensate owners of distributed storage, industry veteran Jigar Shah sees virtual power plants as a route to industry success.
Allume Energy receives $1.5 million bridge investment to deploy SolShare technology in Southeast U.S.
The company estimates that its technology can help residents in multi-unit buildings save up to 40% on their electricity bills.
Sunrise brief: Arizona approves cut to solar compensation rates
Also on the rise: “Make it burn” and other lithium-ion first responder guidance. Coalition urges Biden Administration to scrap hydrogen hub plans. And more.
Arizona approves cut to solar compensation rates
A 37% cut had been proposed, but the Arizona Corporation Commission upheld the precedent of capping the reduction at 10%, but new risks may emerge.
