residential

Households in European countries could save up to 84% on their household bills by installing both solar PV and heat pumps compared to homes relying on gas heating, according to a recent study conducted by trade body SolarPower Europe.

US residential solar installer Sunnova lost US$20.9 million in Q4 2022, while its net loss attributable to shareholders in 2022 amounted to US$161.6 million last year, according to its latest financial results announcement.

US distributed solar provider Sunrun has reported GAAP revenue growth of 44% year-on-year through 31 December 2022, with a similar 40% rise in Q4 last year compared with Q4 2021. 2022 also saw record solar installations for the company.

A map of the VPPs in which Sunrun’s batteries are participating through Lunar’s platform. Image: Sunrun / Lunar Energy.

Tesla navigated supply chain challenges to deploy 348MW of solar in 2022, the company’s highest install figure since 2017, when it added 523MW.

PV Tech Premium spoke to Neil Spann, CEO of Power Roll, about the UK company’s new architecture designed to house solar-absorbing materials such as perovskite and the vision of a gigafactory in northeast England.

Google’s smart home division has joined Ford, Sunpower, Sunrun in partnership centred around scaling market for virtual power plants (VPP).

SunPower has extended its supply agreement with solar technology company Maxeon until 2025 as it seeks to meet rising demand for residential solar in the US.

Many of France’s large-scale solar projects have had to be set aside temporarily due to pressures from the energy crisis causing poor access to equipment and a rise in the levelised cost of electricity.

NEM 3.0, the latest iteration of California’s rooftop solar net metering scheme, was passed yesterday by the California Public Utilities Commission (CPUC). Vocal public debate surrounded the legislation before the vote as solar industry workers and representative bodies called for revisions to the proposed decision.