Sunrise brief: Nextracker delivers first 100% U.S. made solar trackers
Also on the rise: Boston doctors prescribe solar energy. Bridge financing keeps Meyer Burger afloat. And more.
Tesla first in global battery energy storage system financial strength rankings
The latest financial stability ranking from Sinovoltaics keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
Tesla releases Powerwall 3 expansion units
Each expansion unit adds another 13.5 kWh of storage capacity to the original installation with a maximum of three such units connected to a single Powerwall. Now available in the US, the new product comes at a lower cost and slashes installation time by roughly half to 22 minutes.
Average U.S. residential solar project breaks even at 7.5 years, said EnergySage
A report from marketplace operator EnergySage noted that average system costs are declining, and payback periods are improving. It highlighted a recent market share capture from Tesla in the inverter and energy storage market.
Construction begins on 400 MW solar and storage project in Utah
Developed by rPlus Energies, the clean energy project that represents an investment of over $1 billion will include 400 MW / 1,600 MWh of battery energy storage.
RE+ 2024: Dragon scales, power ties, emergency chargers, and more
As the largest energy conference in North America expanded beyond the Anaheim Convention Center, attendees explored auxiliary venues scattered across seven locations.
Sunrise brief: Tesla usurps Sungrow as lead BESS producer globally in 2023
Also on the rise: SEG Solar opens 2 GW module factory in Houston. U.S. community solar to double in five years. And more.
Tesla usurps Sungrow as lead BESS producer globally in 2023
Sungrow has lost its crown as the “lead producer” in the battery energy storage system (BESS) integrator market to Tesla, according to the Wood Mackenzie report ‘Global battery energy storage system integrator ranking 2024’. Tesla claimed a 15% global market share in 2023.
Sunrun stock rises on strong cash generation in Q2 earnings
The residential solar and energy storage provider increased its battery attachment rates and net subscriber value of its customers.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
