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Month: August 2024

Sunrise brief: IRA-driven battery projects face delays amid economic headwinds

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Vikram Solar unveils latest HJT bifacial module line

Vikram Solar has unveiled its latest solar panel line, Suryava. Inspired by the Sanskrit word “surya,” which means “sun,” the Survaya line of solar panels feature a bifacial design with heterojunction technology (HJT). Suryava uses G12 cells and 20 busbars to reach an efficiency exceeding 23%. “We are thrilled to introduce our new brand, Suryava, …

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Rhode Island passes new consumer protections for solar industry amid rising concerns

Governor McKee has signed new legislation protecting consumers from aggressive sales practices by door-to-door solar salespeople. Compliance includes federal background checks, disclosure of savings documentation, and detailed breakdowns of lease versus cash system pricing. August 12, 2024 Rhode Island has enacted the “Residential Solar Energy Disclosure and Homeowners Bill of Rights Act” to protect homeowners …

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Solar inverter manufacturer financial stability ranking updated

The latest financial stability ranking of inverter manufacturers from Sinovoltaics lists Hoymiles Power Electronics, Eaton, Enphase, Kstar and Delta Electronics as the top five. August 12, 2024 From pv magazine Global Sinovoltaics, a Hong Kong-based quality assurance services firm, released the third edition of its Sinovoltaics PV inverter manufacturer financial stability ranking, featuring 32 manufacturers. The …

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IRA-driven battery projects face delays amid economic headwinds: report

From ESS-news.com Key battery manufacturing projects initiated in response to the Inflation Reduction Act (IRA) are facing setbacks, according to a Financial Times (FT) investigation. The IRA, signed into law by President Biden in August 2022, proposed a $369 billion injection into the US clean energy economy. The industrial policy focused on reshoring manufacturing for …

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Sunrise brief: Tesla usurps Sungrow as lead BESS producer globally in 2023

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Sunrise brief: Tesla usurps Sungrow as lead BESS producer globally in 2023 Read More »

Chip company says it will start solar cell manufacturing in New Mexico

Last week, New Mexico Gov. Michelle Lujan Grisham announced that new company Ebon Solar would be establishing silicon solar cell manufacturing operations in Albuquerque’s Mesa del Sol industrial development area, the same area where Maxeon is expected to start its own operations. Ebon Solar, a division of Singapore-based blockchain and Fintech company Ebang International, will …

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Wood Mackenzie: U.S. community solar to double in five years

Cumulative community solar installations are forecast to increase from less than 7 GW installed today to over 14 GW by 2029. August 9, 2024 Wood Mackenzie released a report updating the current market size of community solar in the United States. The firm forecasts that community solar installed capacity will essentially double in five years. …

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Tesla usurps Sungrow as lead BESS producer globally in 2023

Sungrow has lost its crown as the “lead producer” in the battery energy storage system (BESS) integrator market to Tesla, according to the Wood Mackenzie report ‘Global battery energy storage system integrator ranking 2024’. Tesla claimed a 15% global market share in 2023. August 9, 2024 From ESS News n North America, the top three …

Tesla usurps Sungrow as lead BESS producer globally in 2023 Read More »

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