Markets

While electricity generation costs have gone down thanks to technology like solar and wind, transmission and distribution costs have driven bills higher, said a report from Lawrence Berkeley National laboratory. January 7, 2025 The price of nearly everything has increased in the last couple of years as the world grapples with the reverberations of a …

U.S. electricity rates rise about 5% annually – outpacing inflation Read More »

Stanford University professor Mark Z. Jacobson spoke to pv magazine about recent research work showing that California could easily rely on a wind-water-solar-dominated large grid. He says the state’s current electricity prices are high because of several reasons that have nothing to do with renewables. January 3, 2025 From pv magazine Global New research from Stanford …

‘High electricity prices in California have nothing to do with renewables’ Read More »

Also on the rise: Predictions for the solar energy landscape in 2025. Samsung launches monobloc air-to-water heat pumps. And more. REC Silicon shuts down polysilicon operations in Moses Lake The reason given for the shutdown is the inability to “improve the level of some key impurities,” and would not be able to deliver a quality …

Sunrise brief: REC Silicon shuts down polysilicon operations in Moses Lake Read More »

Now available in the North American market, the manufacturer says these heat pumps work with new AI technology and reportedly perform better when connected to a PV system. January 2, 2025 From pv magazine Global South Korea’s Samsung has launched new residential air-to-water heat pumps for heating and domestic hot water (DHW) in multi-unit homes, apartments, new-builds and …

Samsung launches monobloc air-to-water heat pumps Read More »

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 »