Markets

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties …

Sunrise brief Walmart, Nexamp to bring 31 community solar projects to five U.S. states Read More »

Forecasts from the U.S. Solar Energy Industries Association (SEIA) show sustained growth through 2030. December 11, 2024 Solar energy continues to charge ahead, increasingly becoming an essential part of the energy mix both globally and in the United States. The U.S. Solar Energy Industries Association (SEIA) reported that in Q3 2024, the nation installed 8.6 …

Five charts forecasting the future for solar energy Read More »

From ESS News Battery prices saw their biggest annual drop since 2017, with lithium-ion battery pack prices down by 20% from 2023 to a record low of $115/kWh, according to analysis by BloombergNEF (BNEF). Factors driving the decline include cell manufacturing overcapacity, economies of scale, low metal and component prices, adoption of lower-cost lithium-iron-phosphate (LFP) batteries, …

BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh Read More »

The latest financial stability ranking from Sinovoltaics keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers. December 10, 2024 From pv magazine Global Sinovoltaics, a Hong Kong-based technical compliance and quality assurance services provider, has released its Q4 PV Energy Storage Manufacturer …

Tesla first in global battery energy storage system financial strength rankings Read More »

Solar projects can generally be placed in two buckets: they are either large utility-scale ground mounted projects connected to the grid, or they are smaller, distributed projects, typically 20 MW in capacity or less.  In California, and in many other U.S. states, smaller, distributed projects, particularly ones located behind-the-meter, are under attack from utilities and …

Ten reasons why small-scale, non-utility solar is important Read More »

From ESS News SolarEdge has announced it will close and sell off its energy storage business and assets, resulting in cutting its workforce by about 12%, with those in South Korea mostly affected, as it attempts to restructure its business. Ronen Faier, the interim SolarEdge CEO, who was appointed in August 2024, said the measures tackle …

SolarEdge announces closure of its energy storage division Read More »

The US saw solar power generation grow by 21.6% over the last year, with 26 states outpacing the national average. Among these, a group of 15 states achieved remarkable growth of over 50%, led by some surprising players. November 26, 2024 Solar power electricity generation in the U.S. increased 17.5% in 2023 compared to 2022, …

Fifteen states shine with 50%+ solar growth in a year Read More »

Panasonic launched its new R32 heat pumps for the Canadian market, introducing the Exterios Z and ClimaPure XZ series. The models offer heating capacities ranging from 10,900 Btu/h to 28,800 Btu/h, depending on specifications. November 21, 2024 From pv magazine Global Panasonic has released two new heat pump lines for the Canadian market. The Exterios …

Panasonic releases new R32 heat pumps Read More »

Wood Mackenzie’s floating solar report projects that global floating solar markets will reach 57 GW of capacity by 2033. The U.S. market remains small due to limited land availability and high capex. November 20, 2024 From pv magazine Global The global floating solar market is set to reach 77 GW of installed capacity by 2033, …

United States on track to install 0.7 GW of floating solar by 2033 Read More »

The acquisition is the second regional expansion for Intersolar & Energy North America. November 18, 2024 Intersolar & Energy Storage North America (IESNA announced the acquisition of Midwest Solar Expo (MWSE). Launched in 2016, MWSE was founded and owned by Jake Rozmaryn, chief growth officer at Antenna Group. Rozmaryn will transition into an advisory role and Sharona …

Intersolar acquires Midwest Solar Expo Read More »