US large-scale solar deployment stayed resilient throughout a pandemic-stricken Q2, but rooftop solar installs collapsed by nearly one-quarter as shelter-in-place orders dented activity.
US residential solar installer Vivint Solar deployed around 44MW of solar in the second quarter of 2020, beating expectations and helping to shrink its losses.
SunPower exceeded its previous guidance for both revenue and shipments in Q2, capitalising on what it said was improving demand for distributed generation.
The major US residential installer has reported a surge in both revenues and earnings during Q2 2020, leading it to claim it is not only surviving the COVID-19 pandemic, but thriving.
Sections of the US residential solar industry are on track to shake off the economic effects of COVID-19 and record positive figures for the remainder of the year.
Tesla deployed just 27MW of rooftop solar in Q2 2020, its worst quarter for deployment on record, but chief executive Elon Musk remains buoyant about the product’s long-term prospects.
Shell’s energy supply division has launched a new solar and storage tariff in the UK that aims to “revolutionise” how domestic solar installations are used.
