Welcome, solar enthusiasts and professionals alike! Today, I’d like to take the opportunity to unpack some of the most exciting and recent industry news across the solar landscape.
The sun has been shining brightly on the solar industry in quite a few areas, but perhaps nowhere more so than California, where solar power supplied 31% of the state’s electricity in April 2021. This signals a continuous push towards clean energy records, as solar is dominating California’s grid, with the striking presence of robust energy storage solutions. As recent data reveals, solar can peak at an astonishing 123% of the grid. When you think about solar panels for your home, consider the kind of potential that offers!
While we’re discussing potential, perovskites are paving their way to becoming a beacon of hope for the future of solar. As the solar industry is looking ahead to exhausting the possibilities of tunnel oxide passivated contact (TOPCon) and heterojunction PV, perovskite solar cells offer an exciting and evolving alternative. The strong foundation of ongoing research instills continued optimism among solar companies.
Switching gears towards compliance, tax credit transfers are proving to be a crucial element. It’s imperative for solar company owners and investors to know that compliance is the key to safeguarding financial returns from an Investment Tax Credit(IRA). Manage carefully as tax credit compliance has its risks and can be complex.
Now let’s talk about Texas. BloombergNEF’s just released a viewpoint that Texas could lead U.S. charts in terms of solar and wind deployments from 2024 to 2035. It’s a thrilling prospect, but not set in stone; attendees of the recent RE+ Texas conference expressed caution over potential legislative roadblocks at the 2025 Texas Legislature.
Diving into the larger energy space, the International Renewable Energy Agency (IRENA) has released an intriguing report about energy security in renewables-based systems. With this resource, policymakers are encouraged to expand their mindset and understanding of transforming the global energy system.
In some other interesting news about solar panels for your home, Solcast, a DNV company has introduced a new weekly update series focused on the solar cycle’s impact on solar generation. This timely reports shed light on the variable effects of the 11-year cycle of solar activity and the consistent 3.5% seasonal fluctuation caused by extra-terrestrial irradiance.
In a somewhat disheartening development, Florida’s administration appears to have backtracked on its renewable energy goals for 2050, following pushback from what critics label as “green zealots”. The state has abandoned its 100% renewables target, banned offshore wind projects, and eased regulation for gas pipeline expansions.
There you have it – quite a mixed bag of developments within the solar industry. As always, I recommend staying informed and connected to maximize the benefits of your solar array for home. Keep harnessing that sunshine!
Original Articlehttps://pv-magazine-usa.com/2024/05/28/sunrise-brief-solar-industry-panel-cautions-about-2025-texas-legislature/
