Brazil has reached a milestone in its distributed-generation solar capacity, with a total of 24 GW. Since April, it has deployed an additional 4 GW of distributed solar capacity. However, the third quarter of this year marked the first signs of a market contraction.
Daiwa, Japan’s largest homebuilder, has developed a new solar carport that can accommodate solar modules from any manufacturer in various colors and shapes, allowing developers to consider the aesthetic requirements of the surrounding areas and buildings.
Amazon has announced the launch of 24 new solar projects in Spain, featuring 19 off-site installations and five rooftop PV arrays on Amazon’s buildings, adding 794 MW to its total renewable energy capacity in the country.
Japan’s Panasonic has developed a new central heat pump system for residential space heating and cooling.
In the third week of October, European electricity market prices were stable, with an upward trend in most cases compared to the previous week. However, in the MIBEL market, prices fell due to high wind energy production, which reached an all time record in Portugal and the highest value so far in 2023 in Spain.
Enphase and SolarEdge dominate US sales of rooftop solar inverters, but Tesla could be set to change that.
Applications are now open for the Low-Income Communities Bonus Credit Program supported by the Inflation Reduction Act. The program’s goal is to expand access to low-cost and clean energy for underserved communities.
Some see merchant solar as risky, but investors are increasingly snapping up Europe-based merchant PV opportunities for “huge profits,” a researcher from the International Energy Agency Photovoltaic Power Systems Program tells pv magazine.
Many US solar installers are filing for bankruptcy, with stocks falling by 15% to 30% based on weak guidance.
Germany’s Federal Network Agency (Bundesnetzagentur) says that 919 MW of new PV systems were installed in Germany in September.
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