News

Solar industry news: Mounting, inverter, PV module, tracker and energy storage trends; net metering regulation; financing, buying trends and more.

Quick Mount PV doubles its manufacturing production to 1.2 gigawatts

Quick Mount PV doubles its manufacturing production to 1.2 gigawatts

June 19, 2019 at 4:23 pm 0 comments

Quick Mount PV, a leading American manufacturer of watertight solar roof mounting and racking systems, is doubling its manufacturing production. The company is adding a second shift for the first time at its Walnut Creek, Calif., manufacturing facility — increasing the company’s annual production capacity to 1.2 gigawatts. The announcementRead More

SunPower secures funding to bolster its residential solar lease business

SunPower secures funding to bolster its residential solar lease business

June 19, 2019 at 10:22 am 0 comments

SunPower has secured financing commitments for its residential solar lease program (with Hannon Armstrong Sustainable Infrastructure Capital and SunStrong Capital Holdings) that will make its financing provisions “more attractive” and will supplement the solar loan and cash sale alternatives currently offered by the company. SunPower has provided solar lease financing optionsRead More

DNV GL launches SolarFarmer PV plant modeling software to handle complex terrain

DNV GL launches SolarFarmer PV plant modeling software to handle complex terrain

June 19, 2019 at 10:03 am 0 comments

As the demand for solar energy increases, solar plant design are becoming more challenging as the terrain becomes more complex. This will require PV plant design software that can perform more reliable modeling for accurate energy calculations. This makes DNV GL’s new software, SolarFarmer, intriguing. Launched at Intersolar Europe this year, theRead More

Q CELLS earns Top Performer recognition in PVEL’s 2019 PV Module Reliability Scorecard

Q CELLS earns Top Performer recognition in PVEL’s 2019 PV Module Reliability Scorecard

June 19, 2019 at 9:45 am 0 comments

We reported on the eyebrow raising solar module reliability issues PV Evolution Labs (PVEL) uncovered in its latest PV Module Reliability Scorecard, but we didn’t spotlight which company graded out as the Top Performer. This year’s PVEL PV Module Reliability Scorecard Top Performer was Hanwha Q CELLS Co., Ltd. one ofRead More

Tesla drops to third in U.S. Solar Installer Rankings due to its strategy shift

Tesla drops to third in U.S. Solar Installer Rankings due to its strategy shift

June 19, 2019 at 9:12 am 0 comments

Tesla installed 6.3 percent of U.S. residential solar capacity in the first quarter of 2019, marking the first time the company has fallen to third place since Wood Mackenzie Power & Renewables has been tracking installer market shares in its U.S. PV Leaderboard, dating back to Q1 2013. Vivint SolarRead More

CleanCapital reports Tahoe is its largest C&I solar portfolio refinancing to date

CleanCapital reports Tahoe is its largest C&I solar portfolio refinancing to date

June 19, 2019 at 8:55 am 0 comments

CleanCapital closed on a refinancing of its largest solar portfolio: Tahoe. The 46.9 megawatt portfolio, one of the largest independent C&I solar portfolios in the U.S., was acquired from ATN International, Inc. subsidiary Ahana Renewables. Lenders for the $85.7 million financing that matures in 2026 are Santander Bank, N.A. andRead More

Inside Nearmap’s breakthrough combination of 3D aerial imagery and artificial intelligence

Inside Nearmap’s breakthrough combination of 3D aerial imagery and artificial intelligence

June 19, 2019 at 8:46 am 0 comments

Aerial imagery business Nearmap launched its new 3-D product that could revolutionize the way industries such as urban planning, architecture, construction, government and councils view and shape cities across the U.S. and Australia. Here’s the deal: Nearmap 3-D allows customers to stream and export 3-D imagery on-demand at a massiveRead More

Solar installations expected to increase 25 percent in 2019 after record first quarter

Solar installations expected to increase 25 percent in 2019 after record first quarter

June 18, 2019 at 7:00 am 0 comments

In the first three months of the year, the U.S. installed 2.7 GW of solar photovoltaics, making it the most solar ever installed in the first quarter of a year. With the strong first quarter, Wood Mackenzie Power & Renewables forecasts 25% growth in 2019 compared to 2018, and itRead More

How have utilities changed the value of solar? Aurora Solar runs 45 million scenarios to find out

How have utilities changed the value of solar? Aurora Solar runs 45 million scenarios to find out

June 17, 2019 at 2:11 pm 0 comments

Net energy metering (NEM) policies have played a crucial role in making residential solar installations a good investment for homeowners in the United States. However, as installed solar capacity has increased, many utility companies have introduced changes to their NEM programs that reduce the value of distributed solar. Aurora usedRead More

POWERHOME Solar enters its eighth state: Missouri

POWERHOME Solar enters its eighth state: Missouri

June 17, 2019 at 10:14 am 0 comments

POWERHOME Solar is expanding into Missouri, which marks the eighth state in its footprint. The new office will be in St. Charles, a western suburb of St. Louis, and POWERHOME is now on the hunt for dozens of new employees in the areas of sales, installation and administrative functions. POWERHOMERead More