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7 Things Worth Reading This Week (10/11/24)

Energy think tank Ember has made predictions for the global solar market: At the current rate of additions, the world will install 593 GW of solar panels this year. This is 29% more than was installed in 2023. In 2024, an estimated 292 GW of solar capacity was installed by the end of July.

At a recent CA conference utilities and other industry folk considered the growth of AI/machine learning in energy deployment. Topics included having more sensors at the grid edge, reasons for implementing AI/ML (including more efficiency and productivity, greater resilience and anomaly detection, etc.), and core challenges facing customers like aging infrastructure, rise in cyber threats, changes in generation profiles skewing toward renewables, and load growth.

This article looks at how we can ensure grid stability and reliability for greater solar adoption. Solutions include investing in modernizing it, tapping energy storage to mitigate the intermittency of solar, focusing on advanced analytics and real-time monitoring to optimize grid operations so utilities can better predict energy production patterns from installs and make proactive adjustments, and enhancing grid flexibility via demand response programs.

This article discusses the role of module bankability for installer selling to resi prospects. It profiles the modern homeowner and looks at their knowledge of solar, smart homes, incentives, and – the main focus here – market confidence in a particular company (their case study here is Trinasolar).

EnergySage report is telling us: the first six months of 2024 had near-record-low solar prices, high interest rates, surging homeowner demand for storage, and shifting shopper motivations. All this heralds the potential for lower solar and storage pricing, higher-quality equipment, and better financing options for the rest of the year.

In this Solar Conversation, Kerim Baran of SolarAcademy talks with Josh Schlipp, Sr. VP of Business Development at Ivy Energy, the leading Solar & EV Billing Platform that unlocks solar for Multi-Family Developments, Multi-Unit Buildings & Communities. The duo discuss the massive solar opportunity for the 40 million plus rental units in the US, how Ivy Energy’s Solar & EV billing software platform unlocks this market, the details of Ivy’s SaaS platform, and much more… Topics covered include:

Disclaimer: Kerim Baran has been an early investor and board member of Ivy Energy since 2021.

This podcast looks at the rise of unlisted lithium batteries in resi solar installs. They look at the dangers of unlisted lithium batteries, UL 9540 certification and why it matters, ensuring a solar install is legal and safe, and more. The video is below. 

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