Hello Solar Enthusiasts!
In the dynamic world of solar, staying up-to-date with the latest movements and trends is crucial, especially if you’re considering solar panels for your home or a solar array for home use. With solar companies updating their technologies and policies frequently, the landscape is ever-evolving, and the week’s news has been a testament to that.
To kick things off, there’s been a fascinating development in the field of geothermal storage facilities. If you’re unfamiliar with this technology, it’s a remarkable innovation drawing on established oil and gas drilling techniques to extract renewable energy from dry rock formations. The construction of a new 3 MW geothermal storage facility for the ERCOT grid has just been started by Sage Geosystems, paving the way for increased green energy extraction.
With environmental consciousness sweeping the globe, the need for meaningful and equitable energy access has never been more critical. Unfortunately, there exists a commonly accepted myth around it. For low-income households to gain tangible benefits from community solar, comprehensive efforts and targeted assistance are needed. It’s about more than just offering solar; it’s about creating an atmosphere where the benefits of solar power are accessible to all.
In more exciting news, Form Energy’s iron-air battery in Maine has been granted a whopping $147 million. This grant comes as part of the ‘Power Up New England’ program, under which the U.S. Department of Energy is supporting projects with $389 million of federal funding.
Further on the technology front, there’s interesting progress in the niche of tracker monitoring. When choosing a solar company, be sure to assess their tracker monitoring technology. Why, you ask? Well, it can efficiently boost production and mitigate risks — a key consideration when installing solar panels for your home.
From a global perspective, solar module prices are experiencing a downturn due to weak demand, evidenced in a new weekly update from OPIS, a Dow Jones company. This downward trend could mean significant savings for those looking to invest in a home solar array soon.
All this serves to highlight the incredible potential of the solar industry. There are some fantastic takeaways for homeowners: understanding the implications of tracker monitoring technology and staying cognizant of the price trends among solar companies can help you make more informed, cost-effective decisions about your solar setup.
Stay tuned to flood your feed with illuminating insights about the solar industry, and reach out if you want to discuss how you can get the most out of solar panels for your home.
Until next time, keep shining – just like the sun!
Original Articlehttps://pv-magazine-usa.com/2024/08/19/sunrise-brief-form-energy-iron-air-battery-in-maine-granted-147-million/
