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Accelerated declines in solar cell prices since late March

In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.
Installations

Cypress Creek Renewables constructs 208 MW solar facility in Texas

The completed project includes 80 MWh of battery energy storage.
Markets & Policy

Anza marketplace now offers comparisons of over 20 energy storage products

The Anza platform offers real-time pricing and configuration details on modules as well as energy storage products from multiple vendors.
Announcements

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Zero busbar and high efficiency HJT

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Electrical safety, norms & standards: Testing PV systems in accordance to IEC 62446-1

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The value of flexibility and robustness in residential battery storage

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Trina TOPCon modules undergoing UL assessments

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Single-axis tracker with two rows and smart algorithms

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Automation for design & engineering of utility-scale solar PV plants

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Development toolbox – from site selection to design of large-scale PV plant projects

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Technology

Hotter times will drive rooftop solar value

An analysis suggests rooftop solar will increase in value by between 19% to 25% due to warming and changing weather patterns increasing onsite electricity demand.
Technology

NREL interactive chart of solar cell efficiency now including ‘hybrid tandems’

The new cell category includes perovskite/silicon, perovskite/CIGS, III-V/silicon and perovskite/organic tandem PV devices. It will list the absolute record efficiency for all-perovskite, two-terminal tandems regardless of the number of junctions.
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Technology

Sunrise brief: Sunnova Energy and Stem earnings dip in Q1

Also on the rise: Groups sue FEMA and HUD to focus energy funds on distributed solar and storage. Voltaic releases battery monitoring for off-grid applications. And more.
Installations

U.S. solar industry week in review

pv magazine USA spotlights news stories of the past week including market trends, project updates, policy changes and more.
Markets & Policy

Sunnova earnings dip, unrestricted cash grows as it mends balance sheet

Sunnova Energy International, a residential solar, storage, and adaptive services company, announced declining revenues and an increased focus on cash generation in its Q1 2024 earnings report.

Press Releases

Power Electronics to unveil its U.S. manufacturing plan details at Cleanpower 2024.

The multinational company will provide visitors at booth #2615 of Cleanpower with more insights about its local manufacturing plan, aiming to expand their US production capacity.

Tigo Energy Introduces Solar-Plus-Storage EI Residential Solar Solution for Puerto Rico

Tigo Energy installer CEnergyS Solar Solutions deployed the first Tigo solar-plus-storage system with whole-home backup to protect a household in Arecibo from grid disruptions

Massachusetts Municipal Wholesale Electric Company (MMWEC) Partners with Lightshift Energy to Pioneer Community-based Energy Storage at Scale

The first-in-kind energy storage deployment will lower utility costs by approximately $200 million, while improving resilience and sustainability at community and state levels

Boviet Solar to exhibit for the first time at Cleanpower 2024

Boviet Solar Technology Co. Ltd.

Installations

Sunrise brief: California batteries dominate evening grid with 10 GW/40 GWh of capacity 

Also on the rise: U.S. solar manufacturing and the SEMA Coalition expansion. CATL presents EV battery with 1,000 km range. And more.

Birch Creek to procure 547 MW of U.S.-made First Solar modules

Birch Creek, which has a portfolio of over 14.2 GW of utility-scale solar and storage projects in various stages of development, says it plans to deploy the First Solar modules in projects across its development pipeline in the United States.

Sunrise brief: Sungrow posts $1.3 billion profit for 2023

Also on the rise: Major defense company plans to cut emissions almost in half by investing in renewables. New green bank to support distributed solar and storage in the Appalachian region. And more.

Major defense company plans to reduce emissions 46% by 2030

RTX, formerly Raytheon, signs an agreement with Engie North America to buy 1.5 million MWh of renewable energy over the next ten years, spurring further growth of Texas solar development.

U.S. solar industry week in review

pv magazine USA spotlights news stories of the past week including market trends, project updates, policy changes and more.

IEA calls for sixfold expansion of global energy storage capacity

The International Energy Agency (IEA) has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.

Manufacturing

Sunrise brief: Microsoft announces largest-ever corporate procurement of renewable energy 

Also on the rise: Virginia General Assembly passes pro-solar legislation. Briggs & Stratton releases 6.6 kWh stackable home battery. And more.

Swiss company Staubli expands U.S. manufacturing of solar components

Staubli plans to increase manufacturing of American-made connectors and wire harnesses in its California and North Carolina facilities.

Sunrise brief: IRA should incentivize steel solar frames, says report

Also on the rise: Minnesota sues GoodLeap, Sunlight, Mosaic and Dividend over dealer fees. Improving transmission planning. And more.

Leading U.S. solar tracker providers expand their manufacturing footprint

Array Technologies broke ground on a factory in New Mexico, while Nextracker expanded operations with a contract manufacturer.

IRA should incentivize steel solar frames, says report

A report from Origami Solar and Wood Mackenzie advises that if the U.S. solar industry switched from aluminum to recycled steel frames, it would no longer need to import aluminum frames from Asia.

Enphase delivers revenue miss amid softened residential solar demand

The company remains profitable, generating $41.8 million in free cash flow, despite a slumping market.

Markets & Policy

Featured

Stem dips on Q1 earnings, announces new solar and storage asset software

Stem Inc, an AI-driven software provider for clean energy solutions, posted a 62% slide in revenues year-over-year while net losses grew.

Groups sue FEMA and HUD to focus energy funds on distributed solar and storage

Two federal agencies that provide billions of dollars for energy-related projects should fund renewable energy, a number of groups have argued in two lawsuits and two rulemaking petitions.

Voltaic Systems unveils battery monitoring system for offgrid PV applications

The U.S.-based PV system provider for infrastructure and industrial equipment without grid access has launched a battery health monitoring software module for its flagship Core Solar Power Systems product line.

Sunrise brief: First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge

Also on the rise: Crux extends tax credit transfer discounts and support to ACP members. Schneider Electric launches new storage systems for microgrids. And more.

First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge

The U.S.-headquartered solar panel manufacturer delivered revenues of $794 million, beating consensus estimates by about 10%.

Schneider Electric launches new storage systems for microgrids

The company introduced two versions of the new BESS with enclosures of 7 feet and 20 feet with power ranges from 60 kW to 500 kW.

Technology

Featured

50 states of grid modernization

North Carolina Clean Energy Technology Center's recent report looks at how states are doing with legislative and regulatory action related to shoring up the power grid.

Climate change to drive value of rooftop solar

University of Michigan researchers have found that the value of rooftop solar will increase by between 5% and 15% by the mid-century across a range of U.S. cities under moderate climate change, and by up to 20% by the end of the century.

New model shows how to power homes exclusively with hydrogen, solar, batteries

Researchers in Spain has found that combining PV power generation with fuel cells and battery storage may help homes considerably reduce their levelized cost of energy. Their simulation reportedly demonstrated homes may also become completely self-sufficient.

Novel PV-driven desalination tech achieves lower levelized cost of water

Scientists led by the Massachusetts Institute of Technology (MIT) have designed a new PV-powered desalination system based on the time-variant electrodialysis reversal (EDR) technology. The proposed system reportedly achieves lower levelized cost of water than conventional solar-powered desalination techs.

South Korea plans 120 GW space solar project

Two Korean research institutes are designing the 2.2 km × 2.7 km Korean Space Solar Power Satellite project with the aim of providing approximately 1 TWh of electricity to the Earth per year. The proposed system should use 4,000 sub-solar arrays of 10 m × 270 m, made out of thin film roll-out, with a system power efficiency of 13.5%.

Improve transmission planning and interconnection cost allocation, says SEIA-affiliated group

Federal regulators should consider specific reforms to improve transmission planning, lower interconnection costs and provide cost certainty, says a group affiliated with the Solar Energy Industries Association.

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