Global demand for home solar has soared this year, according to recent Bloomberg New Energy Finance (BloombergNEF) research. BloombergNEF reported that U.S. residential solar installations were 21% higher during the first seven months of this year than the same period in 2019. BloombergNEF attributed the demand to Americans on pandemic lockdown becoming more conscious of […]
The post BloombergNEF: Residential Solar Installations Continue at Record Pace appeared first on Solar Industry.
The Timken Co., a company that specializes in engineered bearings and power transmission products, says it is allocating more than $75 million in capital investments through early 2022 to increase the company’s renewable energy capabilities across its global footprint. “This has been a breakout year for us in renewable energy markets,” says Richard G. Kyle, […]
The post Timken Remains Confident in Expanding Renewables Market appeared first on Solar Industry.
Seraphim Solar System Co. Ltd., a solar product manufacturer, says it is investing in a 750 MW module assembly factory with fully automatic production lines in Vietnam. Seraphim’s investment will enhance Vietnam’s enterprise resilience in the face of the pandemic by strengthening its global supply capability, using Seraphim’s 500 MW S3 series half-cell modules and […]
The post Seraphim Investing in Vietnam to Expand Global Production Capacity appeared first on Solar Industry.
Portland General Electric Co. (PGE), an Oregon-based fully integrated energy company, says it has started commercial power generation at the Wheatridge Renewable Energy Facility in eastern Oregon. Wheatridge is a joint project of PGE and a subsidiary of NextEra Energy Resources LLC. The new facility marks a milestone in Oregon’s acceleration to a clean energy […]
The post First Large-Scale Facility to Combine Wind, Solar and Storage Comes Online appeared first on Solar Industry.
NuGen Capital Management LLC, a company that owns, operates and develops renewable energy projects, has started construction on a 6.76 MW DC rooftop solar power system in Rhode Island. The project, which will utilize over 16,000 solar panels, is being installed by AUI Partners, a full-service renewable energy and commercial contractor, on a 560,000 square […]
The post NuGen Capital Breaks Ground on Rhode Island Rooftop Solar Project appeared first on Solar Industry.
The New York Power Authority’s (NYPA) board of trustees has approved a new strategic plan, VISION2030, which provides a roadmap for transforming the state’s energy infrastructure to a clean, reliable, resilient and affordable system over the next decade. VISION2030 highlights NYPA’s commitment to partnering with statewide customers to ensure a cost-effective transition to clean energy […]
The post New York Power Authority Approves the VISION2030 Energy Roadmap appeared first on Solar Industry.
Littelfuse Inc., a global manufacturer of technologies in circuit protection, power control and sensing, has expanded its SPXV series solar string fuses to include 35 to 60 amperage models. Designed to integrate into an LFXV15 fuse block and cover holder, Littelfuse’s 20 x 127 mm 1500 V DC solar fuses protect photovoltaic (PV) installations from […]
The post Littelfuse Ups Amperage in Solar String Fuse Offerings appeared first on Solar Industry.
Hydro-Québec, a company that generates, transmits and distributes electricity, has launched EVLO Energy Storage Inc., a subsidiary that designs, sells and operates sustainable energy storage systems. The EVLO-designed storage systems are intended mainly for power producers, transmission providers and distributors, as well as the commercial and industrial markets for medium- and large-scale storage. Their modular […]
The post Hydro-Quebec Taps Energy Storage to Foster Renewable Transition appeared first on Solar Industry.
By 2045, California will require the deployment of up to 55 GW of long-duration energy storage (LDES) to support its 100% clean electricity goals. This quantity represents over a 150 fold increase in the amount of energy storage deployed in the state since 2010. By 2030, the state will require 2-11 GW of new operational […]
The post California’s Current Energy Storage Capacity Falls Short of the Mark appeared first on Solar Industry.
CIT Group Inc. says its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250 MW Taygete I Energy Project owned by 7X Energy Inc., a utility-scale solar developer, owner and asset manager. Located in Pecos County, Texas, construction on the project was completed by Swinerton Renewable Energy […]
The post CIT Coordinates Financing for 7X Energy’s Taygete Energy Project appeared first on Solar Industry.
Summit Ridge Energy (SRE), an owner-operator of U.S. community solar projects, and NT Solar, a subsidiary of the National Trust Community Investment Corp. (NTCIC), have closed on a tax equity partnership to finance 11 community solar projects, comprising 27 MW DC, across Illinois and Maryland. The portfolio is expected to be placed in service before […]
The post Summit Ridge, NT Solar Close on Community Solar Partnership appeared first on Solar Industry.
Panasonic Corp. of North America has unveiled its new EverVolt Solar Modules series with the introduction of four new modules designed to accompany its EverVolt Battery Storage system. Panasonic says the EverVolt Solar Modules provide advanced efficiency and performance – even in high temperatures – as well as exceptional degradation rates and are backed by […]
The post Panasonic Launches New Line of Modules to Compliment EverVolt Storage System appeared first on Solar Industry.