The proliferation of solar requires PV projects to adapt to their grid surroundings, which increasingly entails connecting alongside adjacent technologies, be it energy storage, other renewables or green hydrogen. Amid the growing threat of curtailment, Jules Scully looks at the rise of the ‘solar-plus’ market and the financial models underpinning it.
Vehicle electrification solutions provider XL Fleet has acquired Spruce Power, an owner and operator of residential rooftop solar systems in the US with more than 52,000 subscribers across 16 states.
Microinverter supplier Enphase Energy is bolstering its home energy management offering with an agreement to acquire German software provider GreenCom Networks and a tie-up with Home Connect, a digital platform that allows home appliances to be managed with an app.
Inverter manufacture SolarEdge has posted record revenues and inverter shipments for Q2 as it benefited from strong demand for its products in the US and Europe, while addressing previous supply chain problems that had hampered performance in the previous quarter.
Microinverter supplier Enphase Energy almost doubled its Q2 2022 revenue year-on-year as homeowner demand for self-consumption increases on the back of rising energy prices.
Software provider Aurora Solar has launched new artificial intelligence (AI) solutions for lead capture, design and sales teams that it says can lower the soft costs of delivering rooftop PV.
Having completed its shift to become a pure-play residential solar company with the recent sale of its commercial and industrial unit, SunPower is aiming to benefit from a heightened focus on combining rooftop PV, home storage and electric vehicle (EV) charging.
