US residential solar demand is expected to ride a 10% compound annual growth rate, adding $6 billion in incremental growth by 2025, said Technavio. But soft costs like customer acquisitions remain relatively high compared to other solar markets across the globe.
Amptricity has emerged from stealth mode with plans to manufacture solid-state batteries for residential and commercial installations.
GKN Aerospace has demonstrated the feasibility of using a liquid hydrogen fuel source to increase the endurance of uncrewed aerial systems (UAS) for search and rescue. Germany, meanwhile, has announced €550 million ($572 million) of fresh funding for hydrogen projects across the world.
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
US ports have been blocking shipments of solar components since the summer due to concerns about forced labor in China’s Xinjiang region.
The US Inflation Reduction Act of 2022 sets aside $369 billion to decarbonize the economy and respond to climate change. pv magazine USA’s Anne Fischer and Ryan Kennedy report on the boost the landmark legislation is expected to provide to solar and battery deployment and manufacturing.
A new portable battery system from Mango Power features a capacity of 3.5 kWh, expandable to 28 kWh by stacking up eight systems. The new product can be used for different off-grid applications and as a residential backup solution.
Finland’s Wärtsilä has unveiled its next-generation grid balancing technology. It has an efficiency of 52.3% and can be used for baseload production. It connects to the grid in 30 seconds and operates on natural gas, biogas, or hydrogen blends.
Israel and Jordan have agreed to pair 600 MW of solar with an undisclosed amount of storage. The deal, which was brokered by the United Arab Emirates at COP27, will see Jordan provide electricity to Israel in exchange for desalinated water.
US-based Nomad Transportable Power Systems (NOMAD) has started offering plug-and-play, utility-scale mobile energy storage systems. There are three versions – 2 MWh, 1.3 MWh, and 660 kWh – with a patent-pending docking platform.
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