November 2023 | Page 21 of 23 | San Diego's Top Solar Company

Electriq opens solar + storage program in Connecticut to all socioeconomic statuses

Electriq Power is working with the City of Derby, Connecticut, to launch “PoweredUp Derby.” The program will provide Derby homeowners – regardless of socioeconomic status – access to home solar + battery storage solutions. PoweredUp Derby, a city-supported program, is the first of Electriq’s Sustainable Community Networks (SCNs) in the New England region, enabling access to …

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SolarEdge tumbles on significantly reduced Q4 outlook

Finance / By Staff

The solar inverter provider expects Q4 revenues to be less than half of the $725 million reported in Q3. November 2, 2023 SolarEdge, a provider of string inverters, power optimizers, and energy storage, is weathering challenging conditions, with its stock price tumbling 10% to 20% of its value in the hours following its Q3, 2023 …

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ADT Solar to close 22 of 38 branches

Industry / By Staff

On a November 2 earnings call, ADT announced it is restructuring its solar business it acquired from Sunpro in 2021. ADT Solar will be “focusing on the top performing markets and rationalizing the overhead and infrastructure of the business accordingly.” ADT said its total solar revenue for Q3 2023 was $58 million, down 68% compared …

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U.S., China dominate solar investment

Finance / By Staff

China and the United States consistently attract the most annual solar investments. Together, they have received about 50% of all solar investments since 2015, according to a new report by the International Solar Alliance. November 2, 2023 From pv magazine India Global investments in the solar energy sector touched the $308 billion mark in 2022, registering …

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Array Technologies to build second solar tracker factory in Albuquerque

Industry / By Staff

Array Technologies announced plans today to expand its presence in New Mexico with a new $50 million manufacturing campus in Bernalillo County. Array started its solar tracker manufacturing operations in Albuquerque over 30 years ago. Today’s announcement is for a new 216,000-ft2 campus on Albuquerque’s west side. Construction is expected to begin in early 2024, …

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H2B2’s California facility to produce up to three tons of green hydrogen per day

Policy / By Staff

The SoHyCal project is located in Fresno and is currently fully operational in its first phase. November 2, 2023 Green hydrogen solutions provider H2B2 Electrolysis Technologies is working on the largest operational green hydrogen production plant to date in North America, which will be powered entirely by renewable energy. The project – called SoHyCal – …

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D.E. Shaw completes 100-MW solar project for SMUD

Industry / By Staff

D. E. Shaw Renewable Investments (DESRI), in partnership with Sacramento Municipal Utility District (SMUD), announced that the Drew Solar project has reached commercial operation. Drew Solar is a 100-MWAC solar energy facility located in Imperial County, California. The facility began operating in December 2022. Drew Solar has a power purchase agreement with SMUD. The facility …

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The quiet shift from central to string inverters in utility-scale solar 

Installation / By Staff

Central inverters still dominate the U.S. utility solar market but string inverters are beginning to get more traction in 10+ MW projects. November 2, 2023 If you look back just twenty years in the U.S. solar industry, 1 MW was the total amount of solar being installed on an annual basis. Now, in 2023, …

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Sunrun starts California program to retrofit solar systems with new batteries

Industry / By Staff

Sunrun has launched a new add-on storage offering for existing solar customers in California. Many California customers who didn’t have the option to initially install a battery have expressed a strong interest in adding storage to their systems after new net-metering rules went into effect. “Even when the sun sets, more Sunrun customers will be …

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Sunrise brief: TOPCon the likely choice of new U.S. solar manufacturers

Installation / By Staff

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Month: November 2023