Hello solar enthusiasts, today I’m thrilled to share with you some of the highlights and key developments that have featured prominently in the solar landscape recently. With solar technology progressing at an impressive pace, it’s more important than ever to stay updated and informed.
Firstly, an interesting development is on the horizon regarding the bifacial exemption. Qcells, a solar company with a substantial manufacturing scope in the U.S., has petitioned for the retraction of the bifacial exemption. As someone who champions advancements in solar, I’m closely monitoring how this situation unfolds under the Biden Administration.
Secondly, there’s a bright outlook for solar panels for your home, as the quoted solar prices on the marketplace decreased by 3.5% to $2.80 per watt! This marks the lowest price since mid-2020, a welcome dip for potential buyers thinking about installing a solar array for the home.
Next up, the Department of Energy (DOE) has set a roadmap aimed at enhancing the interconnections of renewables. The report outlines 35 innovative solutions for improving interconnections, produced through the DOE’s Interconnection Innovation e-Xchange (i2X) program. As the solar industry continues to ascend, it’s crucial to foster advances in interconnections to maximize the efficiency and reliability of solar arrays for homes.
Switching gears a bit, there’s growing concern about the continuation of net metering law in Puerto Rico. A crucial component for the success of residential solar in Puerto Rico is being challenged. Act 10-2024, which extended the territory’s net metering policy for solar through to 2031, is under threat from the Financial Oversight and Management Board (FOMB) for Puerto Rico. This move could have far-reaching implications for the region’s solar future.
Last, but certainly not least, the Q1 2024 report from the NC Clean Energy Technology Center offers some important insights. The report reveals that 43 states, along with Washington DC and Puerto Rico, took a total of 163 actions related to distributed solar policy and rate design. It’s proof that the tides are indeed turning in favor of solar, as more and more states are taking proactive steps to accelerate the shift to this cleaner, greener form of energy.
As we continue to explore the vast possibilities and opportunities that solar provides us, it’s clear that solar companies and consumers alike have a pivotal role to play in shaping the future of energy. By staying informed and engaged, we can all contribute to a more sustainable and cleaner future. Until next time, keep soaking up the sun!
Original Articlehttps://pv-magazine-usa.com/2024/04/26/u-s-solar-industry-week-in-review-7/
