Tag Archive for: residentialsolar

The US solar industry is expecting to install an unprecedented 32GW of new capacity in 2023, according to the SEIA and Wood Mackenzie.

US solar installations expected to be a record 32 GW in 2023

The US solar industry is expecting to install an unprecedented 32 gigawatts (GW) of new capacity in 2023, according to a report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

This year’s anticipated installed solar capacity is a 52% surge from 2022, according to the new “US Solar Market Insight Q3 2023” report.

Supply chain bottlenecks as a result of the pandemic and restrictive trade policies have negatively impacted the solar market in recent years. But these challenges are beginning to recede, and as the Biden administration’s Inflation Reduction Act (IRA) policies gain momentum, Wood Mackenzie expects total US operating solar capacity to grow from 153 GW today to 375 GW by 2028.

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Source: electrek

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Italy deployed 2.48GW of new PV systems in 2022, with the residential solar segment accounting for almost 50% of the total installed capacity.

Italy hits 25 GW milestone

Italy reached 25,048 MW of cumulative installed PV capacity, spread across 1,221,045 installations, by the end of December, according to new statistics released by Italia Solare, the nation’s solar energy association.

The largest portion of this capacity is represented by PV systems ranging in size from 200 kW to 1 MW, accounting for 8,270 MW or 33% of the total. The second-largest segment is installations with outputs ranging from 20 kW to 200 kW, with a share of 5,057 MW, or 20% of the total.

Solar arrays with capacities of less than 12 kW account for 4,949 MW, or 20% of the total, followed by systems with capacities of 1 MW to 10 MW, for a 16% share, or 3,942 MW.

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Source: PV Magazine

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SMUD and Swell Energy have signed an agreement for Swell to act as the aggregator for the new My Energy Optimizer Partner+ program
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Sacramento, Swell aggregate residential solar + battery storage

To help deliver on its 2030 Zero Carbon Plan to eliminate greenhouse gas emissions from its power supply, Sacramento Municipal Utility District (SMUD) and Swell Energy have signed an agreement for Swell to act as the aggregator for the new My Energy Optimizer Partner+ program – a residential customer-driven virtual power plant initiative.

The initial effort will bring 20 MWh and 10 MW of renewable capacity to SMUD by recruiting, installing and aggregating capacity from customers’ battery storage systems located in the utility’s service area. The program has the opportunity to scale to 54 MWh and 27 MW over the term of the partnership. Contract capability is based on a 2-hour deliverable capacity, inclusive of exports with day-ahead notification for up to 240 events per year.

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Source: Solar Industry

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Residential solar power installations rose by 34% from 2.9 gigawatts in 2020 to 3.9 gigawatts in 2021, according to data from the US EIA.

Home solar panel adoption continues to rise in the US

President Joe Biden recently signed into law new legislation that includes larger investments in renewable energy and measures to address climate change. Among its provisions is a 30% solar tax credit that could spur more Americans to “go solar” over the next decade.

While residential solar power currently generates just a fraction of the country’s overall electricity, it has continued to grow rapidly in recent years, despite COVID-19-related supply chain issues, import restrictions and other obstacles.

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Source: Pew Research Center

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Residential panel installations will jump by 5.6 GW in 2022. Households to add three times more solar than commercial users.

US homes add rooftop solar at a record clip to cut power bills

US households will install a record amount of solar this year to help slash electricity bills, according to a BloombergNEF analysis.

Residential solar installations will increase by about 5.6 gigawatts in 2022, led by Florida, Texas, the Midwest and California, according to a BNEF report Monday.

Higher electricity prices and tax credit extensions in the Inflation Reduction Act are fueling the rebound in residential solar adoption. Consumers are taking ownership of their own power supplies in pursuit of cleaner energy and to reduce their reliance on grids that are becoming more vulnerable to blackouts caused by extreme weather, wildfires and drought.

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Source: Bloomberg

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The Solar Access Act is designed to speed up residential solar permitting through an instant, online process.

California’s Senate passes Solar Access Act to speed up residential PV permitting

California’s Solar Access Act (SAA) has passed the state’s Senate, clearing its final legislative hurdle, and will now be sent to Governor Gavin Newsom to be signed into law.

The Act demands instant, online solar permitting in cities and counties. Lawmakers hope it will decrease approval times for residential solar and solar-plus-storage systems, cut permitting costs for local governments and homeowners at the same time as helping California meet its target of becoming carbon neutral by 2045.

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Source: PV Tech

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