Cementing its position as the leader in US residential solar, Sunrun completed its acquisition of Vivint Solar. With more than 3 GW of solar capacity, 500,000+ customers, and annual cost synergies of $90 million next year, it’s now the top owner of solar assets globally.
Report shows that US corporate solar investment – with 1,280 MW of new and 8,300 MW in total – had its second largest year on record last year, and that it has grown 20-fold over the last decade. Apple was 1st, Amazon 2nd, Walmart 3rd, and Facebook jumped 18 places to 9th in rank.
Schneider Electric Solar released a solar charge controller for residential solar + storage with 25% more charging power. The Conext MPPT 100 600 Solar Charge Controller optimizes battery charging from solar and is ideal for handling prolonged blackouts.
The clean energy industry is down 477,862 jobs this year due to the pandemic. 12,500 jobs were added in Sept, but 14% of the pre-covid workforce is still unemployed. This rebound is slow compared to the nation’s overall jobs recovery, something consistent nationwide.
In an effort to decrease the impact of the solar industry’s supply chain on carbon emissions, the Ultra Low-Carbon Solar Alliance was created to increase awareness and market share of low-carbon panels. Founding members include First Solar, Q CELLS and REC Silicon.
Three considerations when looking at safe harboring in 2020: waiting till after the Nov election may not be the best idea given the ITC status; remember tariff volatility, exclusions and the impact of Executive Orders; 2021’s anticipated strong year may leave you with less leverage.
A new tool is available to mitigate the solar industry’s overestimation bias and popularize a more data-driven approach to production estimates. kWh Analytics’s tool offers objective performance yield, weather and loss assumption metrics reports.
How are climate concerns shaping some hotly contested house races? NY Dist 11: build a sea wall to protect Staten Island, FL Dist 26: protect coral reefs, Everglades and reduce greenhouse emissions, TX Dist 24: nuclear energy, water conservation and more DERs.
US residential solar is about to have a record-breaking 2020. BloombergNEF forecasts say 3 GW of new residential rooftop solar will be installed this year with predictions for another 3.6 GW in 2021. Why? Online sales strategies and a bumper crop of homebound, energy-curious customers.
JPMorgan Chase, America’s largest bank and largest financier of fossil fuels, has a new climate plan aimed at aligning its financing activities with the Paris Agreement goals. It’ll support companies cutting emissions and expanding investment in clean sources and tech.