U.S. House Energy Committee expresses outrage over solar sales tactics
Committee sent a letter to Jigar Shah’s Loan Program Office asking questions about Sunnova’s sales tactics and customer support, in light of their recently granted $3 billion VPP guaranteed loans.
Unprecedented solar and storage growth on horizon with record installations and investments
The Inflation Reduction Act and Bipartisan Infrastructure Law mark an epochal shift in the landscape of clean energy policy, heralding a new era for the solar and energy storage sectors in the U.S.
Sunrise brief: American Battery Factory breaks ground on $1.2 billion Arizona gigafactory
Also on the rise: TotalEnergies adds a 280 MW Texas solar facility to its portfolio. Sunnova misses on Q3 earnings, posts sunny forecast for 2024. And more.
Sunnova misses on Q3 earnings, posts sunny forecast for 2024
The energy-as-a-service provider had more losses than the expected consensus, but its stock rose based on an optimistic view for 2024.
Sunrise brief: Solar wafer prices fall for first time in three months
Also on the rise: California ends summer with 5 GW energy storage record. Sunnova secures $3 billion Department of Energy loan. And more.
Sunnova secures $3 billion Department of Energy loan
The agreement will advance Project Hestia, a low-income distributed clean energy program.
Sunrise brief: FERC reforms interconnection, speeding critical renewables delays
Also on the rise: SolarEdge stock trades down despite record revenue in Q2. Sunnova to participate in battery emergency program in Puerto Rico. And more.
Virtual power plants roll out across the U.S.
Virtual power plants (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.
Meyer Burger considers U.S. solar cell manufacturing, in talks with Sunrun & Sunnova
In a recent interview with Roth MKM, Meyer Burger indicated that new guidance on the domestic content requirement, along with manufacturing incentives, have boosted their interest in manufacturing the solar cells for their 2 GW Arizona module factory.
California gold rush supporting 2023 residential solar market
Ohm Analytics reports an uptick in third-party ownership in several states and believes NEM 2.0 projects will support California installers for many months, while other regional market outlooks vary by energy costs and local incentives.
