SunPower exceeded its previous guidance for both revenue and shipments in Q2, capitalising on what it said was improving demand for distributed generation.
A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.
American Electric Power is seeking proposals for off-take from new solar plants located in the PJM powerpool area, a regional transmission organisation for US 13 states and the District of Columbia.
The Fraunhofer Institute for Solar Energy Systems ISE has received €740,000 (US$866,429) in financing to explore land use conflicts between solar farms and agricultural land.
The Australian Capital Territory branch of the country’s Labor Party will offer zero-interest loans for rooftop solar panels, household battery storage and hot water heat pumps if re-elected in an upcoming election.
Sunrun has signed deals with three community energy suppliers in the Bay Area to install up to 20MW of solar and battery backup power in households vulnerable to power cuts.
Sections of the US residential solar industry are on track to shake off the economic effects of COVID-19 and record positive figures for the remainder of the year.
