As a solar expert and enthusiast, I routinely stay tuned into the solar industry’s latest advancements and news. Today, I’m sharing some key updates that anyone interested in solar should know.
First off, it appears that when it comes to benefitting the environment, small-scale solar is packing the most punch. Specifically, a lifecycle analysis revealed that it’s generally better for the environment to install solar panels on your roof, at your home, compared to larger-scale installations. Now, does that mean solar companies should solely focus on home solar arrays? Not quite. The same study suggests that our path to a greener future will require a blend of small and large-scale solar.
If you’re an electric vehicle (EV) owner, you might already be on board with this vision. According to a behavioral study from NREL, EV owners are more likely than average to have installed rooftop solar panels on their homes. These installations not only contribute to the reduction of greenhouse gas emissions but also allow homeowners to gain control over their energy production and consumption.
Interestingly, the real estate market seems to be catching on to the growing popularity of solar. A recent study of Zillow listings revealed that certain regions in the United States have a notably high number of solar-powered homes for sale. Furthermore, solar homes tend to carry a premium price, indicating how highly prospective buyers value this renewable energy source.
For homeowners looking for a comprehensive solar solution, it’s worth keeping an eye on the latest product launches by solar companies. One such product that has caught my attention is a new high-voltage, all-in-one residential battery. This system merges a hybrid inverter, high-voltage battery, and a smart energy panel into a single home backup solution—an interesting development for those considering solar panels for their home.
In other news, a large-scale solar project is in the pipeline near Las Vegas, subject to public comment. This project, proposed to deliver 400 MW, would also incorporate energy storage facilities, underlining the growing trend of combining solar power and energy storage.
Lastly, the Biden administration has recently announced a massive injection of funds into EV charging grants. These grants will promote community-level and major highway corridor EV charging projects, helping boost the usability of electric vehicles and, by extension, the demand for home solar installations.
In sum, it’s an exciting time in the world of solar. Whether you’re already a solar company or a homeowner eyeing solar panels for your home, these updates underscore the momentum and potential of the solar industry. Keep watching this space for more insider insights into the world of solar!
Original Article: https://pv-magazine-usa.com/2024/01/16/sunrise-brief-whos-putting-solar-on-their-roof-and-why/
