Hello, my solar enthusiasts! It’s a jam-packed week for the solar industry, and I’m here to catch you up on all of the exciting news. With increasing interest and support around the globe, the power of solar is becoming more prominent in our everyday lives. Amid economic constraints and a demand for clean energy, governments, corporations, and individuals are turning to solar as a sustainable solution for our future.
To begin with, let’s shed some light on Rhode Island, where they are setting the bar high by passing new consumer protection laws for the solar industry. This groundbreaking move paves the way for increased transparency between consumers and solar companies. Now, door-to-door salespeople from solar companies will have to abide by specific compliance measures including federal background checks, providing thorough documentation of savings and giving detailed breakdowns of lease versus cash system pricing. This marks a significant victory for anyone looking to install solar panels for their home.
In other news, there’s been a shake-up in the solar inverter manufacturer ranking. Hoymiles Power Electronics has inched ahead to the top spot, followed closely by Eaton, Enphase, Kstar, and Delta Electronics. These rankings provide an essential guide for consumers considering a solar array for their home.
Not to forget, an exciting milestone in solar technology recently took place – DCE solar’s ‘roof-friendly’ solar mount has just sailed through a major safety certification. This top-tier innovation brings solar panels one step closer to easy adoption in commercial and industrial settings.
Meanwhile, the financial landscape for battery projects seems to be facing some obstacles. A recent report advises that several projects driven by individual retirement accounts, including those tied to the battery industry, have been put on hold or canceled due to economic headwinds causing a slowdown in electric vehicle demand.
However, never fear, for every cloud there’s a solar lining! The sun is definitely shining in New Mexico where they are on course to welcome an almost $1-billion solar cell factory. Ebon Solar’s whopping $942-million investment in a solar cell manufacturing facility will not only propel solar technology further but also create more than 900 jobs. This development is definitely a boost for solar companies across the nation.
Stay tuned in for more updates in the vibrant world of solar. Until next time, remember that the future is bright, the future is solar!
Original Articlehttps://pv-magazine-usa.com/2024/08/13/sunrise-brief-ira-driven-battery-projects-face-delays-amid-economic-headwinds/
