Author: solarenergy

SolarEdge Technologies today launches its Re-Energize upgrade program in the United States, which will enable homeowners to get new SolarEdge equipment and a new warranty when they upgrade their existing system. The program offers homeowners special promotional pricing on the Home Hub inverter, which comes with a new 12-year warranty, new five-year data cell card, and the ability to add a host of smart devices. For installers, SolarEdge’s DC-coupled architecture allows for simple installation of these upgrades, reducing main panel upgrades and labor-intensive panel modifications. The new five-year data cell plan enables wireless communication between the inverter and the SolarEdge…

The Home Depot has partnered with Sunnova Energy International to be the sole provider of solar and battery storage services in home improvement storefronts in the United States. This working agreement provides consumers with access to Sunnova Adaptive Home energy offerings in more than 2,000 Home Depot stores. “We are thrilled to become the exclusive provider of home solar and battery storage services for The Home Depot, a company that shares our commitment to delivering an unparalleled customer experience,” said Michael Grasso, executive VP and Chief Revenue Officer at Sunnova. “Our goal is to make clean, affordable and reliable energy…

The German parliament has approved ‘Solarpaket 1’, a policy package that includes higher feed-in tariffs for commercial and industrial (C&I) solar projects and new measures regarding the size of eligible installations at large-scale solar auctions. April 26, 2024 Sandra Enkhardt Image: Norbert Braun, UnsplashBy pv magazine GermanyThe German parliament has approved the Solarpaket 1 measures to support the PV sector. The new legislation was adopted with 384 votes in favor, 79 against and 200 abstentions.The law includes significant improvements for the C&I segment. In the future, such installations will be eligible for feed-in tariffs that will be €0.015 ($0.016) higher…

Aurora Energy Research says it has recorded a sharp increase in the number of green hydrogen projects, 90% of which are in early stages of development, while E.ON says Germany’s hydrogen ramp-up is stalling due to an investment backlog. April 26, 2024 Sergio MatalucciAurora Energy Research said in its “Q2 2024 European Hydrogen Market Report” (HyMaR) that the global pipeline for hydrogen electrolysis projects increased by 55.2 GW in six months to approximately 1.2 TW. The report notes an increase of 4% in the past six months, requiring 5.5 PWh of electricity. Europe leads project development, with 32% of the…

The France-based group said it has released two new BESSs with 7ft and 20ft enclosures. Their power varies from 60 kW to 500 kW. April 26, 2024 Lior KahanaFrench multinational energy management company Schneider Electric has announced a new Battery Energy Storage System (BESS) for microgrids. It is available in two enclosure sizes and has various storage and discharge configurations.“Consisting of a battery system, a battery management system, a power conversion system and a controller, BESS has been tested and validated to operate as an integral part of Schneider Electric’s standardized microgrid system, EcoStruxure™ Microgrid Flex,” the company said in…

By Brad Kramer April 26, 2024 While Origis Energy has secured financing for a major solar project in Florida, other companies have acquired significant project portfolios, plus the latest investment and merger news in the sector in this episode of the Solar financing spotlight. Origis energy closed a $136 million construction financing facility and conversion to a term loan with a global financial group MUFG for the 75 MW Rice Creek Solar project. The project is currently under construction in Putnam County, Florida and will… Florida Municipal Energy Agency and its members.Now that construction is nearing completion, the Rice Creek…

Aviv Shalgi In a move aimed at accelerating solar energy adoption in the New York community, Solar energy simplified acquires state-eligible low- and moderate-income (LMI) subscribers at no additional cost to its partners, who are primarily independent power producers (IPPs) and community solar owners. The initiative aims to strengthen the new Community Adder and Inclusive Community Solar Adder programs. Under the structure, the company will cover the acquisition costs for LMI subscribers required to meet the 40% quota for the Community Adder. “We understand the challenges IPPs and asset owners face in acquiring and managing…

The carbon credit market is expanding as companies worldwide invest in emissions reduction and sustainability initiatives to meet climate change goals. According to the research report, the global Carbon Credit market was valued at USD 408.05 billion in 2023 and is expected to reach USD 4,028.24 billion by 2032, to grow at a CAGR of 29.00% during the forecast period. Polaris Market Research recently published its latest report entitled Carbon Credit Market 2024: by size, trends, share, growth, segments, sector analysis and forecasts, 2032. The research provides an in-depth analysis of the market, assessing all the key aspects that companies…

The 120 MW ground-mounted solar PV installation will create over 100 local green jobs. Image: Sonnedix. Sonnedix has started construction of Cowley Complex, the largest solar power plant in its 300 MW UK portfolio. The 120MW ground-mounted solar PV installation – which will become one of the largest PV installations in Britain when completed in 2025 – will create over 100 local green jobs. Located in County Durham, the Cowley Complex will consist of three connected sites of 60 MW, 43 MW and 17 MW. Sonnedix stated that once operational, it will supply approximately 124,600 MWh of renewable electricity annually,…

Several mid-sized solar businesses are experiencing rapid growth this year and looking to scale sustainably and effectively. They are also enjoying the uninterrupted flow of opportunities brought by the Inflation Reduction Act and the community solar sector. Standard Solar, a national solar developer, financier and owner-operator of more than 350 MW of solar, has been improving and innovating to keep pace with the increased demand for solar, particularly in the community solar market, an area of expertise for the company. In this edition of our Contractor’s Corner series, we speak with C.J. Colavito, VP of engineering at Standard Solar, about…