Also on the rise: U.S. solar electricity generation to surpass hydropower in 2024. China expected to dominate solar manufacturing through 2026. And more.
The Energy Information Administration forecasts solar will generate 14% more electricity than hydropower in 2024.
Bluetti, a U.S. solar and storage specialist, has developed a modular 7,600 W lithium iron phosphate battery system for residential settings, with 9.9 kWh to 19.8 kWh of flexible energy storage capacity.
ClearVue clear solar glass will be installed on System USA’s greenhouse, adding 82 kW of power.
China and the United States consistently attract the most annual solar investments. Together, they have received about 50% of all solar investments since 2015, according to a new report by the International Solar Alliance.
Solar accounts for most of the new clean power being brought online, said a quarterly market update from American Clean Power.
Curtailment, or deliberately reducing output, rises as solar generation exceeds available transmission capacity.
Majority holder Flex plans to spin off its remaining interests in Nextracker. Plus, the company raised its earnings guidance for 2024.
The company will invest $800 million to open the manufacturing plant.
The company announced the North American launch of its inverter, which is designed for commercial and industrial installations.
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