In the increasingly competitive commercial-and-industrial storage market, IHS Markit expects the segment to grow 10-fold over the next five years – and ranks the companies that will lead the charge.
The most recent contracts, which still need to be approved by California regulators, are part of a state-mandated goal of adding 580 MW of storage by 2020.
Though there are modifications to the hard-won investment tax credit step-down provisions, it appears the bill leaves the solar industry largely alone.
The company also announced its next-generation NGT solar cells have entered the certification process, with planned production to begin in the third quarter of next year.
Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.
Until 2017, most residential battery storage systems were installed off-grid – but GTM Research says 2017 is the year that changes – and changes dramatically.
In the most anticipated decision for the U.S. solar industry since the Investment Tax Credit vote in 2015, the industry now braces to see what sanctions the USITC will recommend to President Trump on November 13.
The solar developer completed financing and tax equity for the 26 MW Redwood 4 Solar Farm, the next phase of a group of solar farms near Bakersfield, California.
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