Residential PV

TrendForce says solar demand could grow by more than 53.4% this year due to lower module prices and delayed projects from 2021 and 2022 that are now going online. China will be the largest market this year with 148.9 GW, followed by the United States with 40.5 GW, India with 17.2 GW, Brazil with 14.2 GW, Germany with 11.8 GW, Spain with 11.4 GW, and Japan with 8 GW.

SnapNrack’s TopSpeed solar mount begins installation on the ground, which limits time spent on rooftops.

The Bern University of Applied Sciences in Switzerland has published the initial results of a survey on the durability and performance of residential PV inverters and power optimizers over a 15-year period. They found that more than 65% of the inverters did not present yield-relevant faults by their 15th year of operation.

Solyx Energy has developed a device to maximize solar self-consumption in residential homes. The sensor measures how much solar power can be fed back into the grid at different times, while a controller redirects that excess energy into an electric water heater.

Adani Green Energy Ltd, the renewable energy arm of the diversified Adani Group, reported a consolidated net profit of INR 103 crore in the three months ended Dec. 31, 2022.

Scientists in Sweden have compared AC and DC topologies in PV-powered buildings using battery storage. They have found that DC distribution systems can achieve energy savings when they are combined with solar-plus-storage systems.

India’s Energy Efficiency Services Ltd has agreed to provide technical advisory, project management, contracting and implementation support for energy efficiency programmes in Indonesia, Malaysia, and Thailand.

Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.

The integrated power company reported a profit after tax or net profit of INR 1,052 crore ($127.6 million) in the quarter ended December 2022, a 91% increase year-on-year.

LG has developed an air source heat pump with the capacity to heat 200 liters to 270 liters of domestic water. It uses R134a as a refrigerant and the pump has a coefficient of performance (COP) of up to 3.85.