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7 Things Worth Reading This Week (5/3/24)

Array Technologies has begun building its $50 million manufacturing campus in NM, something partially made possible by the IRA tax credits. It will have a 216,000-square-foot campus and will be located on Albuquerque’s west side for production, assembly, design, engineering and customer service.

SPW speaks with the product and solutions director for inverter manufacturer Solis about issues that arise and best practices around repowering efforts for an inverter that ages out faster than the panels. They discuss why it makes sense financially, the role of string vs. central inverters, and more.

SunPower announced it will phase out its resi installation locations and close its direct sales unit. It also plans to cut about 26% of its workforce. The move is made to lower costs – their stock is trading 96% lower than all-time highs and is down 86% over the past year. Revenues last December reflected a 28% year-over-year decline, with increased operating expenses. Net income resulted in a loss of $123.9 million.

Global solar growth latest stats from International Renewable Energy Agency show global solar capacity hit 1.4 TW in 2023, up from 600,000 MW in 2019. The US ranked second with solar capacity of 140,000 MW up from 60,000 in 2019.

Environmental Protection Agency has released final ruling on mandates to reduce pollution from fossil-fuel plants. They are asserting that the climate and health benefits of the standards declaring that power plants must control 90% of their carbon pollution significantly outweigh compliance costs.

SPW offers up a series of articles on the state of manufacturing right now: they have articles about 2 GW of panels in NC  from Boviet, a Pittsburgh factory with more dedicated lines for Nextracker torque tubes, Array Tech building a second tracker site in Albuquerque, and the push in Texas to spur manufacturing.

In this Solar Conversation, Kerim Baran of SolarAcademy talks with Jason Higginson, Senior Director of Marketing at APsystems, one of the global leaders in multi-platform Module Level Power Electronics (MLPE) solutions for the solar PV industry. In this Solar Conversation, Kerim and Jason talked about:

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