residential storage

Distributed rooftop solar fulfilled 14% of Australia’s energy consumption over this summer, a record level that exceeded all other renewable sources and brown coal generation.

The number of residential solar and storage systems installed in Germany increased 52% in 2022 compared with the previous year, whilst three quarters of Germans would consider installing rooftop solar.

US distributed solar provider Sunrun has reported GAAP revenue growth of 44% year-on-year through 31 December 2022, with a similar 40% rise in Q4 last year compared with Q4 2021. 2022 also saw record solar installations for the company.

Residential solar installer SunPower has invested in its California sales and marketing division to ensure that as many customers can apply for favourable net energy metering (NEM) 2.0 rates.

US residential solar and storage supplier Sunrun has closed US$835 million in non-recourse financings, spread across three tranches.

Having been rebranded with a new ethos and mission, Qcells’ ambitions are supported by a suite of clean energy products as it consolidates its position in the solar PV sector.

The California Public Utilities Commission’s (CPUC) most recent net energy metering (NEM) proposal is too extreme and will discourage homeowners from adopting residential solar, according to Bernadette Del Chiaro, executive director of clean energy business group the California Solar and Storage Association (CALSSA).

Qcells has its eye on the US with several recently announced plans for large investments in manufacturing, but it is also rebranding away from pure module manufacturing to also offer holistic home energy solutions with a push in the UK market.

The Californian Public Utilities Commission (CPUC) issued a proposal yesterday to alter its Net Energy Metering (NEM) tariff to encourage domestic battery storage systems alongside distributed rooftop solar. The new proposal reversed some of the measures in the poorly-received NEM 3.0 programme.

One third of US households who installed solar PV in 2021 had incomes between US$50,000-100,000, according to a report from LBNL.