Optimizers & Inverters

Pennsylvania and Minnesota have joined six other states in requiring smart inverters for distributed solar and storage. Certain utilities in 13 states and Puerto Rico also require smart inverters, while six states are considering the requirement. Smart inverters enable more solar on distribution circuits.

Also on the rise: Vermont becomes first state with Climate Superfund Act. Solar project developers face opposition from Joshua Tree conservationists. And more.

SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.

Also on the rise: EV manufacturer Rivian invests in solar energy. Market impacts from the recent flurry of solar policy actions. And more.

This partnership allows GoodWe and Sunnova to meet the growing demand by commercial and industrial customers that want to stabilize energy costs.

The new MLPE from Tigo is designed to support commercial and industrial as well as utility-scale solar projects.

Also on the rise: Virginia General Assembly passes pro-solar legislation. Briggs & Stratton releases 6.6 kWh stackable home battery. And more.

Sinovoltaics analyzed publicly traded inverter producers using a balance sheet-based model and publicly available financial information to track financial strength over the past three years. The top-five in the latest ranking are Hoymiles Power Electronics, Enphase, Kstar, Eaton, and Goodwe.

Also on the rise: Major defense company plans to cut emissions almost in half by investing in renewables. New green bank to support distributed solar and storage in the Appalachian region. And more.

Chinese inverter manufacturer Sungrow shipped 130 GW of inverters last year, reaching a profit of $1.3 billion.