Solar Residential News

San Francisco-based Aurora Solar, a solar sales and also software designer, has shut a US$ 200 million Series D financing round.

Clean power industry as well as technology services platform Palmetto has raised US$ 375 million to support its business expansion as it wants to drive uptake of rooftop solar and increase to offer brand-new items.

LG Electronics has actually confirmed it is to leave the solar module production organization and shutter its setting up plant in Alabama, US.

Norwegian start-up Otovo has actually protected NOK300 million (US$ 33.7 million) through an exclusive placement to sustain the growth of its solar marketplace right into six brand-new European countries.

Chinese supplier Bslbatt has revealed a modular lithium-ion battery that can be utilized for the off-grid storage of solar energy. The tool has a storage capacity ranging from 5.1 to 30.7 kWh as well as is asserted to provide constant procedure for approximately 6,000 charge cycles.

United States solar installer SunPower's backlog has actually reached its highest ever degree, however the company claimed its Q4 earnings were struck by a distributor quality charge in addition to installation delays because of COVID and poor weather condition.

LONGi has increased its Hi-MO 5 product line with a new solar module developed for residential as well as commercial and also industrial (C&I) roof applications.

Australia has actually hit a historic milestone-- it has gotten to 25GW of set up solar capacity. As the Australian PV Institute kept in mind on Monday, that's more solar per head than anywhere else in the world.

Swell Energy, a United States firm being experts in virtual power plant (VPP) projects accumulating property solar PV and also battery storage, has introduced a distributed energy resources administration system (DERMS) software application platform.

PV maker Maxeon Solar Technologies has revealed its SunPower Maxeon variety of interdigitated back call (IBC) modules are to be offered with a prolonged 40-year warranty.

Sunnova Energy and also Generac Power Systems are increasing their tactical partnership, with Sunnova currently able to supply its clients Generac's energy storage units for the very first time along with standby home generators, microinverters and load managers.

Leading US solar installer Sunrun has actually upsized its loan facility to US$ 425 million from US$ 250 million at "boosted terms and longer tenor", to mirror the firm's higher evaluation as well as strong performance.

Home safety titan ADT is progressing from a security company to a smart home firm, with around 80% of its income coming from its smart home based business, stated its president as well as chief executive officer John DeVries throughout a ROTH Capital webinar held recently (19 January).

Mississippi authorities have broadened the state's net metering programme to enhance complete payment rates for solar consumers and prioritise the fostering of distributed PV for low- to moderate-income (LMI) households.

Distributed PV setups in China covered 29GW last year, contributing over half of total solar installments in the country for the very first time.