Ryan Kennedy
LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
Enphase posts 42% revenue decline in 2024
Solar inverter maker Enphase Energy says full-year revenue fell 42% as the residential solar market slumped, but margins improved and United States manufacturing expanded significantly.
Global clean energy investment hit $3.41 trillion in 2024, says BNEF
BloombergNEF says in a new report that global clean energy investment reached $2.1 trillion in 2024, more than doubling 2020 levels. The United States led energy transition debt issuance, driving up investment 5% year on year to $334 billion.
GameChange Solar releases solar tracker topography design tool
The new TopoSmart+ software enables users to find the most cost-effective topography and design plan to install United States company GameChange Solar’s Genius Tracker solar mounts at a given location.
Array announces 77-degree solar tracker stow for hail and wind protection
Unites States solar tracker company Array Technologies has unveiled a solar mounting system that responds to weather events, protecting solar assets.
Nextracker introduces solar mount foundation services for soil types ‘anywhere’
The solar tracking provider has introduced NX Anchor, further expanding the types of soil and areas that solar installers can develop on.
GoodWe unveils solar inverter for C&I solar projects
GoodWe has developed a new inverter product line designed for small commercial and industrial PV projects.
SunPower files for bankruptcy
United States-headquartered solar company SunPower Corp has filed for bankruptcy, among the largest in a series of major bankruptcies in the industry.
New model to identify optimal power sizing ratio for solar inverters
Researchers in Malaysia have proposed a new approach to identify the optimal power sizing ratio to balance PV energy capture with inverter costs. The calibrated model is said to accurately reflect the relationship between inverter efficiency and real-world system behavior.
How long do residential solar batteries last?
Multiple factors affect lifespan of a residential battery energy storage system. We examine the life of batteries in Part 3 of our series.
