Subsidies could still be an important driving force of solar adoption among low- and moderate-income (LMI) households in the US given the relatively high up-front cost of installing PV systems, according to Lawrence Berkeley National Laboratory (Berkeley Lab).
The quoted price of residential solar in the US inched up in the second half of last year, most likely due to the effects of supply chain constraints and shortages, new research from marketplace provider EnergySage has revealed.
Installed rooftop solar capacity globally is on track to increase 61% between 2021 and 2025 as policy support encourages deployment and homeowners look to mitigate high electricity prices.
US solar deployment reached a record high in 2021, but with volatile commodity prices and supply chain uncertainty leading to project delays and cancellations, utility-scale additions are set to contract this year.
Italian utility Enel Group and Spanish bank Santander have agreed to collaborate on solar PV, lithium battery storage and energy efficiency solutions for the residential and commercial and industrial (C&I) sectors.
Florida lawmakers have passed a bill that will remove credits for households with PV systems, amid warnings that the legislation could undercut the state’s rooftop solar sector.
US residential solar installer SunPower will provide its PV and battery storage systems to housing developer Landsea Homes at part of a multi-year exclusive agreement between the two California-based companies.
US solar installer SunPower’s backlog has reached its highest ever level, but the firm said its Q4 earnings were hit by a supplier quality charge as well as installation delays because of COVID and poor weather.
