The weekend read: Regulatory changes pave the C&I way
A growing number of companies in Indonesia, particularly multinationals that implement green policies or are listed as RE100 participants, are poised to adopt rooftop PV. Regulatory changes and signals from the country’s previous government, which supported coal, are paving the way for significant growth.
Australia’s rooftop PV juggernaut displaces fossil fuel generators
The unstoppable growth of Australia’s rooftop PV fleet continues to eat into the pie previously reserved for coal and gas, a new audit of the National Electricity Market shows. Meanwhile, the nation’s electricity consumption has remained mostly flat despite the economic slowdown triggered by the Covid-19 pandemic.
People in quarantine in the United States are searching for solar power
New data from The Harris Poll and LG show that LG’s solar web traffic, as well as quote requests for residential systems are both trending high since the onset of the Covid-19 pandemic. Now, the issue becomes turning this interest into concrete sales.
Micronesia launches tender for utility scale solar-plus-storage
The government of the Federated States of Micronesia wants to increase power generation capacity on the islands of Yap and Kosrae.
Strong Q1 for First Solar, Enphase, Sunrun
U.S. residential solar installer Sunrun reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. Micro-inverter manufacturer Enphase’s first-quarter revenues exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location.
Power-to-heat-to-power storage for rooftop PV
Scientists in Spain have assessed the viability of ‘power-to-heat-to-power storage’ in a residential solar installation in Madrid. The technology could reduce electricity bills by more than 70% and would have a 12 to 15-year payback period, according to the researchers.
Spanish oil giant pushing community solar
Oil and gas business Repsol has launched Solmatch, the nation’s first large solar community.
SunPower accesses $1bn in residential solar and storage loan capital from credit union
The cash injection from Tech CU will fund the installation of ‘tens of thousands’ of the Californian manufacturer’s solar panels on residential rooftops over four years, according to the company.
India installed 1.53 GW of rooftop solar in 2019
The country’s cumulative installed rooftop solar capacity reached 5.4 GW by the end of December. The Indian government now aims to deploy 40 GW of rooftop PV by the end of 2023.
Brazil hits 5 GW milestone
In Brazil, like in many other parts of the world, industry associations claim that solar will be a strategic element in the recovery from the Covid-19 crisis, due to its potential to create jobs, generate income, and attract new investment.
