Wood Mackenzie says that US developers installed 1.7 GW/5.6 GWh of new storage capacity in the second quarter of 2023.

Panasonic unveiled its new residential solar modules – including half-cut heterojunction (HJT) models, along with a home battery system and energy management device – at the recent RE+ trade show in Las Vegas.

Energy storage is rapidly expanding as the sector scales to match growing renewable energy supplies, according to a new report by Interact Analysis.

The Chinese manufacturer also inked new strategic cooperation agreements while displaying the new line of solar modules at RE+ 2023 in Las Vegas.

The Indian manufacturer released product lines for residential, commercial, and utility-scale applications.

Silfab Solar says that it has invested $150 million in a new manufacturing operation in South Carolina. It has also released new residential and commercial solar panels.

Major solar panel suppliers have announced the construction of three new factories, collectively adding 15 GW of manufacturing capacity. In 2021, there was only 7 GW of module manufacturing capacity in the United States.

Hoymiles has developed new hybrid inverters for residential solar and storage applications. They support 120 V/240 V backup power without the need for an external transformer.

Multiple factors affect the lifespan of residential battery energy storage systems. We look at the lifespans of batteries in the third part of this series.

A range of different factors can affect the productive lifespan of residential solar inverters.