Tag: News
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Fronius earns gold medal from EcoVadis for sustainability efforts
EcoVadis conducts sustainability ratings and is one of the world’s most well-known and renowned agencies. At this year’s evaluation, Fronius was awarded the gold medal for the first time, making it one of the top 5% most sustainable companies. To date, the international rating agency EcoVadis has rated 100,000 companies in over 175 countries and……
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What did we miss in 2023 solar market forecasts? | Power Forward!
What went wrong for the solar industry in 2023? Did anything go right? What can we expect in 2024 in terms of residential solar demand and solar panel supply? What should solar installers be cautious about? What opportunities should they seize? We discuss with David Dunlap, VP of Product Strategy at BayWa r.e. in this……
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Residential battery storage market competition is heating up
As noted in our 2024 Energy Storage System Buyer’s Guide, the market is jam packed with new solutions and new companies vying for their share. As competition has increased among battery vendors, new manufacturers are gaining market share, according to a new analysis from Wood Mackenzie. In Q3 2023, 11% of residential solar and 5%……
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SMA announces U.S. manufacturing plan, site selection underway
In the flurry of solar manufacturing news the last 12 months, U.S.-based inverter manufacturing has still lagged. So, this is a big deal: SMA Solar Technology AG will expand manufacturing into the United States. SMA expects to start production in 2025. SMA plans 3.5 GW of capacity per year in the new site, with opportunities……
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Trina Solar hosts sneak peek at Texas solar manufacturing facility
On December 1, Trina Solar, a global leader in smart solar products and energy solutions, hosted a celebration for its new 1.35 million square foot solar photovoltaic (PV) manufacturing facility with community members, partners, and local and state officials in Wilmer, Texas. The company is investing more than $200 million in property and equipment and……