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Day: January 23, 2024

Enel builds 2.7-MW solar + storage project at Bayer research site in California

Enel North America completed a 2.7-MW solar and 1-MW/2-MWh energy storage system at Bayer’s vegetable research and development site in Woodland, California. Located in a region historically prone to rolling blackouts and grid disruptions, the solar + storage system will help increase Bayer’s energy and operational resilience, while also reducing its carbon footprint and demand …

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How large-scale solar developers can tackle community opposition

A new Berkeley Lab study identifies the most prevalent community concerns around projects, as well as strategies for developers and others to improve those perceptions. January 23, 2024 Perceptions around large-scale solar project development, and the impacts of the projects, continue to be one of the key concerns that stakeholders keep in mind when thinking …

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Recurrent Energy secures $500 million equity investment to further solar development

Recurrent Energy, a subsidiary of Canadian Solar Inc. and a developer and owner of solar and energy storage assets, secured a $500 million equity investment commitment from BlackRock. The investment will represent 20% of the outstanding fully diluted shares of Recurrent Energy on an as-converted basis. Canadian Solar will continue to own the remaining majority …

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U.S.-made optimizers to maximize manufacturing tax credits

Solar optimizer manufacturer, Enteligent, is transitioning its production facilities to the United States in a strategic move aimed at enabling inverter manufacturers to fully capitalize on the Inflation Reduction Act’s (IRA) $0.11/W transferable tax credit. January 23, 2024 Enteligent, maker of solar power optimizers and solar electric vehicle charging solutions, is relocating its manufacturing operations …

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Johnson Controls unveils water-to-water screw heat pump

From pv magazine global Industrial conglomerate Johnson Controls introduced a water-to-water screw heat pump intended for use in small commercial buildings and district heating. The company said its new York YVWH Water-to-Water Dual Variable Speed Screw Heat Pump is the first of its kind using the R-1234ze refrigerant in North America. “R-1234ze is a refrigerant …

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Solar and storage accounts for one-third of transferable tax credit market in 2023

Crux, a marketplace for transferable tax credits, released a survey of 150 tax credit participants, estimating that $7 billion to $9 billion in total transferable tax credit transactions occurred in 2023, with the market expected to about triple in 2024. January 23, 2024 Crux, a marketplace for buying and selling transferable tax credits, released a …

Solar and storage accounts for one-third of transferable tax credit market in 2023 Read More »

Solar Insure unveils insurance-backed warranty coverage for residential solar systems

Solar Insure has launched SolarDetect, a new offering for residential solar owners that provides long-term support of their arrays, separate from the initial installer and product brands. “In the solar industry, long-term protection and reliable system warranties have been scarce until now,” said Ara Agopian, founder and CEO of Solar Insure. “By launching our latest …

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