Favorable federal tax policies and state regulatory reform could help the storage sector notch even higher rates of growth.
The U.S. tripled storage installations in 2020, accounting for 38% of new capacity, and is expected to lead future capacity additions.
Also on the rise: A report calls on DOE to do more to secure the distribution network from cyberattacks, Q CELLS claims top market share, and the National Solar Tour may be coming to a rooftop close to you.
Also on the rise: Jeep installs EV chargers at three trailheads with plans for more, worldwide wind grew at a record clip in 2020, a net metering bill fizzles, a pension fund eyes Spanish solar, and Enphase Energy enters South Africa’s solar market.
Here are the brand-new stats and forecasts from the Solar Energy Industries Association and Wood Mackenzie.
Also on the rise: Enphase acquisition adds to its services offering, Wisconsin firm pauses a planned project to pursue RUS funds, and Wood Mackenzie offers an EV outlook to mid-century.
Also on the rise: Freedom Forever extends its Sunrun ties, and this EV battery may offer a 250-mile range, a 10-minute charge, and 0-60 in 3 seconds.
U.S. solar companies installed 3.8 GW of new solar PV capacity in Q3 as the industry worked to recover from some of the worst impacts of the COVID-19 pandemic.
Wood Mackenzie has responded to a criticized report, clarifying that Covid-19 impacts on residential solar finance are much less significant than initially expected — and that faster-than-expected recovery for investments in the industry have kept investor confidence high.
WoodMac’s Daniel Finn-Foley talks longer battery life and lower operational costs. According to the analyst’s most recent data, 168 MW/288 MWh of electrochemical storage was deployed in Q2.
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