Solar Residential News

FranklinWH Energy Storage Inc., a US residential energy storage systems (ESS) company, has raised USD 25 million (EUR 23.1m) in Series B funds. Particle Future led the round to enhance R&D, optimize supply chain, and expand operations and sales network. Franklin Home Power integrates solar, battery, grid and generator power sources. Founded in 2019 and funded by Sequoia Capital. Gary Lam says the new capital will make renewable energy options more accessible.

The European Investment Bank (EIB) revealed on Friday it is giving a EUR-200-million (USD 215.2 m) lending to Sicredi, a Brazilian participating banks, to fund the application of solar systems on homes, small as well as medium-sized companies, as well as rural properties.

German property solar battery manufacturer Sonnen GmbH has doubled its manufacturing capacity as well as can currently produce 120,000 home storage systems annually at its headquarters in Bavaria much earlier than initially prepared.

Italy brought online 1,058 MW of solar photovoltaic or pv (PV) parks in the very first quarter of 2023, getting to a cumulative set up capacity of over 26,100 MW, reveals data released by the domestic solar power association Italia Solare.

Bulgarian houses can request gives for photovoltaic or pv systems and also solar collectors for very own consumption up until November 10. The government's program is worth EUR 123 million, of which EUR 40.8 million is for the first round.

Project Fortress in Kent forecast to produce renewable power for 100,000 homes

US domestic solar company Sunergy Renewables LLC is readied to go public on Nasdaq through a merger with a special purpose acquisition company (SPAC) created by investment firm Energy Spectrum Capital, with the awaited USD 65 million (EUR 59.2 m) in purchase proceeds to be made use of to money procedures and development.

A homeowner community in three apartment buildings in Niš has installed roof photovoltaic or pv panels. The center in Serbia's third-largest city is producing sufficient power to cover the usage in joint installments like staircase lighting. The instance shows that, after individual households, the prosumer version and also the manufacturing of green energy for very own intake is starting to be used in multiapartment buildings as well in the country.

US distributed generation (DG) planetary systems proprietor and also operator Spruce Power has actually made its largest inorganic growth financial investment until now, the purchase of regarding 22,500 residential solar contracts under which customers get tidy power generated by rooftop solar residence power systems.

Home solar storage space systems are coming to be progressively preferred in Germany with the variety of new installments rising 52% in 2022, according to data published by the nation's solar energy association BSW Solar.

The Inflation Reduction Act will ultimately boost household solar, yet macroeconomic conditions endanger temporary development.

On Feb. 16, a coalition of rooftop solar advocates, workforce development groups, power equity champions and also renewable energy business launched a campaign to promote for regulations that would make solar power more easily accessible and also economical for all Marylanders.

Madrid-based renewables platform Altano Energy has actually closed funding for a 107-MW solar and mini hydro portfolio in Spain, it said in a Linkedin post.

Europe's solar residential market, when it comes to cumulative capacity was pegged at 40.40 GW in 2021. This figure is most likely to cross 71 GW by year 2027.

Sitetracker announced its Quickstart implementation for residential solar firms. This procedure gets residential solar firms applied with Sitetracker's set of industry-proven operations in just an issue of weeks so they can realize functional effectiveness earlier and deploy assets quicker.