Markets

A cross-Atlantic subsea pumped storage collaboration will seek to overcome the land-based challenges plaguing traditional pumped hydro storage technology. November 1, 2024 From ESS News The US and German governments have approved grants to the tune of $7.7 million to unleash the power of the ocean for renewable energy storage. US-based Sperra has been awarded …

Subsea pumped storage tech secures funding from U.S., German governments Read More »

A change of Presidential administration could threaten billions of dollars in investment and thousands of jobs in critical swing voting states, which host 48% of announced clean energy manufacturing investments. October 29, 2024 New polling data from Politico shows that critical swing voting states in the United States presidential election overwhelmingly support solar and other …

Swing states host nearly half of new U.S. clean energy manufacturing Read More »

High interest rates, excess warehouse inventory, and falling component prices have created a perfect storm for solar distributors since October 2023. BayWa re Solar Trade CEO Frank Jessel explains how the industry can embrace true digitalization to better navigate this volatility. October 21, 2024 From pv magazine 10/24 Normalized solar demand after June 2023, following …

Navigating solar panel supply challenges through digitalization Read More »

JinkoSolar and Trina Solar have separately reported that on-field testing shows tunnel oxide passivated contact (TOPCon) solar modules outperform p-type back-contact PV modules in monthly power generation. October 18, 2024 From pv magazine Global Chinese solar module manufacturers JinkoSolar and Trina Solar have each published white papers this week that demonstrate their TOPCon panel technologies offer superior power yield …

JinkoSolar, Trina say TOPCon modules outperform p-type back-contact panels Read More »

A survey conducted by Paces said average acreage and feeder capacity are shrinking in Illinois and New York. October 17, 2024 Renewable energy project planning software developer Paces released a report indicating that there is a decline in optimal sites for solar and wind projects. The study focused on Illinois and New York. As a …

Optimal sites for solar projects are becoming harder to find Read More »

Researchers from Canada’s Western University assessed eighteen case studies across thirteen US states and found in areas an economic case for disconnecting from the electricity grid in some areas with high solar irradiation and high electricity rates. They say economic grid defection and utility death spirals are becoming salient issues in the U.S. October 17, …

Grid defection is profitable in some solar-rich U.S. locations Read More »

Total corporate funding in the solar industry reached $22.3 billion over the first nine months of 2024, representing a 23% year-on-year decrease. Mercom Capital Group says that while global uncertainties are affecting investor confidence, an increase in debt financing and resilience in newly-announced large-scale project funding remain bright spots for the sector. October 17, 2024 …

Solar corporate funding down 23% so far this year Read More »

The Sierra Club, an environmental group with a focus on reducing fossil fuel pollution, has graded 75 utilities on their resource plans through 2035. The average grade was a “D.” October 11, 2024 The Sierra Club has issued a report on how the resource plans of half the nation’s utilities will affect their emissions from fossil fuel …

Large utilities plan to replace only half their fossil generation by 2035 Read More »

While some Texas lawmakers are pushing restrictions to solar development, 89% of surveyed Texans, including 83% of self-identified Trump voters, said they support the right for property owners to lease land for solar development. October 9, 2024 A new poll found overwhelming popularity of solar as an electricity source in the state of Texas. A …

Over 60% of surveyed Trump voters in Texas said they support solar tax credits Read More »

To help states launch programs to compensate owners of distributed batteries for providing energy at peak times, Solar United Neighbors has developed model legislative language. Under one approach, the owner of a 5 kW battery could earn $1,100 per year. October 9, 2024 The nonprofit group Solar United Neighbors (SUN) is working to help states …

Enabling distributed battery owners in every state to earn compensation Read More »