Enphase’s 3rd quarter results saw revenues at $78 million with an estimated $10 million sales shortfall due to a component shortage, as the company shipped 204 MW of inverters. Future speculation saw an international play on the IQ8, the SunPower partnership, and energy storage driving growth.
The Vermont Lower Income Trust for Electricity have provided a US$150,000 grant for 100 low-income electricity customers with significant need for reliable backup power due to health and mobility issues.
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
Arizona State University researchers have determined that a 32% efficient perovskite-silicon tandem cell could produce electricity at the same price as cutting-edge 22% efficient panels in the most cost-competitive of situations
The inverter and power optimizer maker showed 67% year-over-year revenue growth and shipped 985 MW of inverters but missed earnings projections by 2%.
A new study finds that from 2013 through 2015, distributed PV reduced peak solar hour mean wholesale electricity prices by 8–9%, avoiding costs of US$650–730 million.
Puerto Rico is requesting ten 20 MW / 20 MWh batteries to be deployed strategically in the country’s power grid. The RFQ notes that sites should be upgradable to 40 MW / 160 MWh.
Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at US$2.49¢/kWh (AUD3.27c/kWh), the lowest price for a public solar power contract to date. The deal also involves shutting down a coal plant.
The three companies are coming together to monitor Huawei’s FusionHome Smart Energy Solution. Customer data security system robustness drives move.
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