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.
GTM Research projects US$24 cent/w solar panels and utility scale fixed-tilt systems at US$70 cent/W by 2022, which opens up new possibilities for ultra-cheap power from solar.
The three companies are coming together to monitor Huawei’s FusionHome Smart Energy Solution. Customer data security system robustness drives move.
A software update for the Powerwall 2 home energy storage system adds controls to allow owners to take advantage of time of use electricity rates in California and other states.
The California Energy Commission is expected to approve the 2019 Building Energy Code that calls for solar PV on all new homes. The goal is net zero residential energy usage.
The company’s energy generation and storage division set a record of $410 million in revenue during Q1, but solar power fell to 2013 deployment levels.
The thin film solar maker is also reviving its EPC division with a goal to build 1 GW of solar projects each year, as well as increasing its presence in O&M services.
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