Hello solar enthusiasts! I have some intriguing news and developments from the world of solar to share with you today, covering everything from residential solar financing to manufacturing advancements in Georgia.
Let’s kick it off with an exciting initiative on the beautiful island of Puerto Rico, where a program that brings free solar panels and batteries to 30,000 households will commence on February 22. The Department of Energy’s Solar Access Program for single-family homeowners in Puerto Rico is an exciting opportunity and holds promising implications on how solar companies can expand access to clean energy.
Shifting gears, I’d like to delve into some sobering survey results around fire detection and suppression in battery storage systems. Amid the growing need for reliable energy storage systems, a recent survey has reported that 26% of these systems have fire detection and suppression issues. The same survey identified that 18% had issues relating to thermal management system, indicating a niche which solar companies could aim to enhance, ensuring solar becomes even safer and more efficient.
Next, let’s talk about residential solar financing, which is becoming increasingly important as deployment of solar panels for your home testimonies. Solrite Energy, a player in the field, is introducing a new power purchase agreement. The deal emphasizes virtual power plants and their role in creating more attractive financing terms through a combination of distributed solar-plus-storage installations.
Zooming over to California, lawmakers are introducing a bill set to reevaluate rooftop solar net metering. The bill would require the California Public Utilities Commission to take into account the costs and benefits of rooftop solar and its non-energy benefits when designing their net metering rates. This move could further increase the viability of a solar array for home installation, boosting the industry in the Golden State.
Lastly, we head over to Georgia, where plans for a solar panel glass plant are underway. Solarcycle is set to invest around $344 million in this manufacturing facility, aiming to generate 600 new full-time jobs in Polk County and significantly bolstering the U.S. solar supply chain.
All in all, these developments highlight the continued expansion and diversification of solar companies across the industry. They also underscore the value and growing accessibility of installing your own solar array for home use. Stay sunny, and until next time!
Original Articlehttps://pv-magazine-usa.com/2024/02/16/sunrise-brief-california-bill-to-reevaluate-rooftop-solar-net-metering/
