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.
Solar corporate funding rises 42% globally in 2023
Over $34.3 billion was raised over 160 deals, said a report from Mercom Capital.
The impact of climate-based PV panel degradation rates on inverters
New research from Belgium shows the importance of assessing inverter reliability by including climate-based PV panel degradation rates. The scientists found that, especially in hot and arid climates, PV inverters should be designed with parameters above the standard value.
Long-duration energy storage market to reach $223 billion in 20 years
Alternatives to lithium-ion batteries are likely to emerge, according to a report on IDTechEx.
Five drivers of New York City solar energy expansion
Changing regulations, programs, and renewable energy targets are placing New York City on a path for increased solar buildout.
Solar EV developer Aptera crowdfunds $33 million
The new electric vehicle promises 400 miles of battery range and 40 miles of solar-generated range per day.
Transportation department testing dual-use solar snow fence
Pairing electricity production with snow drift barriers to protect roads is being evaluated by the Minnesota department of Transportation.
Vesper Energy closes $590 million for 745 MW Texas solar project
The company closed financing for a solar project that is expected to generate enough electricity for the equivalent demand of 160,000 homes.
FEMA to help communities build back with grants for solar panels and heat pumps
The funds are allocated to help communities boost climate disaster resilience with net-zero technologies.
Canadian startup offers 35%-efficient indoor perovskite PV modules
Canada’s Solaires Enterprises says its indoor perovskite modules are suitable for powering a range of electronic devices, such as wireless keyboards, smart door locks, electronic shelf labels, and sensors.
