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Month: September 2023

SunPower Foundation announces new grants to increase clean energy access

To make residential solar a realistic option for low-income consumers, SunPower Foundation announced three new grant programs to fund nonprofit organizations advancing domestic clean energy equity. September 8, 2023 SunPower, a solar technology service company, says fewer than 5% of domestic homes are solar-powered today. The business lists presumed high installation costs as one of …

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LS Energy Solutions to construct large-scale energy storage to serve CAISO market

The 200 MW/400MWh Big Rock project, expected to be online in the second half of 2024, is designed to bring stabililty to the Southern California grid. September 8, 2023 LS Energy Solutions (LS-ES), a specialist in grid-connected energy storage solutions, is deploying 200 MW/400 MWh of energy storage to a site in Southern California. Construction …

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Sunrise brief: Residential solar average payback period is 8.3 years, said EnergySage 

Solar contributed 45% of electricity generation capacity additions in the first half of 2023  Solar installations are expected to grow 15% per year through 2028, said a report from Wood Mackenzie. Meteomatics expands work with energy companies in U.S.  Meteomatics recently established U.S. operations in Exton, Pennsylvania, is making its technology and data available to …

Sunrise brief: Residential solar average payback period is 8.3 years, said EnergySage  Read More »

Silfab Solar agrees to buy silicon wafers from NorSun’s planned U.S. factory

Norwegian silicon ingot and wafer manufacturer NorSun has stated it wants to start a 5-GW ingot and wafer production facility in the United States, and the company can now count on a confirmed wafer buyer: Silfab Solar. Credit: NorSun The two companies today announced they have signed a memorandum of understanding for Silfab to purchase …

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Solar contributed 45% of electricity generation capacity additions in the first half of 2023

Solar installations are expected to grow 15% per year through 2028, said a report from Wood Mackenzie. September 7, 2023 The Solar Energy Industries Association (SEIA) and Wood Mackenzie have released a Q3 2023 solar market insight report, reflecting on data from the first half of 2023. The report found that the U.S. solar market …

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Residential solar average payback period is 8.3 years, said EnergySage

Pricing is beginning to cool slightly, but financing terms have changed from 2.99% to 4.99% for a 25-year loan. September 7, 2023 Residential solar and storage marketplace and informational site EnergySage has released its market intelligence report for June 2022 to July 2023, highlighting a shifting market under raised interest rates. The report tracks million …

Residential solar average payback period is 8.3 years, said EnergySage Read More »

2023 will be the biggest installation year for solar in the United States – ever

After a disappointing 2022, the U.S. solar industry expects to close 2023 with phenomenal installation numbers — 32 GW of new solar capacity is expected to come online in 2023, a 52% increase from 2022. This is according to the “U.S. Solar Market Insight Q3 2023” report released today by SEIA and Wood Mackenzie. Credit: …

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EnergySage report finds solar loan terms jumped from 2022 to 2023

On September 7, EnergySage released its 17th EnergySage Intel Solar & Storage Marketplace Report. This semiannual report analyzes millions of homeowner shopping transactions on EnergySage.com throughout a 12-month period for solar panels, inverters, batteries and more from solar companies in 41 states and Washington, DC. For nearly a decade, the Solar & Storage Marketplace Report …

EnergySage report finds solar loan terms jumped from 2022 to 2023 Read More »

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