Wood Mackenzie said the U.S. market will install 66 GW of storage between 2023 and 2027, 83% of which will be at the grid scale.
The intrinsic efficiency of renewables will lower the overall cost of energy from 4% of GDP today to about 2.5% by 2050, said a report from DNV.
The company released new modules, a home battery system and energy management device.
The company also inked new strategic cooperation agreements while displaying the new line of solar modules at RE+ 2023 in Las Vegas.
A bill proposed in Ohio promises to generate $5.6 billion in gross economic output and over $400 million in local tax revenues, said a report from Ohio University.
Job moves in solar, storage, cleantech, utilities and energy transition finance.
SB 49 is now pending approval from Governor Gavin Newsom.
The company invested $150 million in a new manufacturing operation in South Carolina and released new residential and commercial solar panels.
Three factories announced by three major solar panel suppliers will add 15 GW of manufacturing capacity. In 2021, the U.S. had about 7 GW of module manufacturing capacity.
Scientists in Canada have combined PV power generation with water purification based on capacitive deionization (CDI), which is claimed to have low operational cost, enhanced energy efficiency, and less water rejection than conventional purification techniques. The solar-powered system prototype is able to produce more water than a conventional CDI system on a sunny day.
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