Latest news with #SolarEnergy
Yahoo
13 hours ago
- Business
- Yahoo
SolarEdge Technologies (SEDG): Among the Solar Energy Stocks that Crashed This Week
The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell by 23.75% between June 10 and June 17, 2025, putting it among the Energy Stocks that Lost the Most This Week. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. After posting gains of over 90% since the beginning of May, SolarEdge Technologies, Inc. (NASDAQ:SEDG) plunged heavily this week following the release of the Senate's proposed plan to phase out solar tax credits by 2028 as part of President Trump's sweeping tax and spending bill. While the industry was already expecting a gradual phase-out of the incentives, the new version of the bill accelerates this timeline. Under current law, the phase-out will not begin until 2032. The rooftop solar industry has been hit particularly hard, as the proposed legislation aims to end the residential solar tax credit by the end of this year. This deals a major blow to SolarEdge Technologies, Inc. (NASDAQ:SEDG), as its inverter sales are expected to take a hit from a drop in demand for rooftop solar. While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Coin Geek
5 days ago
- Business
- Coin Geek
Store excess solar power production in Bitcoin: IEEE study
Getting your Trinity Audio player ready... Dynamic solar power systems that switch between selling excess electricity back to the grid and using it for digital asset mining may be an answer to energy problems, according to an IEEE case study. The study highlights the two critical problems for block reward miners: massive energy consumption and the resulting environmental pollution. 1/6A groundbreaking new study shows that Bitcoin mining is the most effective way to accelerate rollout of solar panels across the world's cities: More effective than using either subsidies or Batteries by an order of dive in 👇 Renewable energy sources, such as solar panels, are often touted as an answer to the electricity demands of digital currency. Yet, based on the current way that renewables are used and the technological and economic challenges that remain, it isn't possible for them to meet the demand for energy without further technological advancement and changes to the current energy system. One of the specific problems—one that is particularly prevalent in Finland, the location of the paper's case study—is that peak loads occur in winter, while renewables such as solar only hit peak generation during summer. This cascades into a broader problem: the perception that the fixed investment cost of getting a solar system up and running is not worth the ultimate savings of switching to renewables. A common solution to this problem has been to use batteries capable of storing excess electricity until needed. However, this is only so useful: batteries must be discharged past a certain point. 4/6 That's because batteries only give so much storage before they have to be dischargedThis study compared Battery to Bitcoin miningThe difference was stark Bitcoin is not just a little big better than batteries, it is 4.6x better than batteries: a facemelting 57.7% ROI — Daniel Batten (@DSBatten) June 10, 2025 The IEEE study essentially proposes storing the value associated with the excess electricity—not in a battery, but in Bitcoin. The study suggests a system that channels excess energy production in peak times—such as summer—into digital asset mining. This works on similar principles to a model already implemented in domestic renewable production, whereby homeowners with solar power can sell back excess production to the grid. Under the newly proposed system, homeowners could switch between putting their excess energy back into the grid and putting it into digital asset mining, depending on which is most competitive at the time. The benefits of this are myriad. Not only does it help populate the digital asset mining ecosystem with clean, renewable energy, but the savings and returns given to homeowners can help reduce the overall annual cost of housing. It also helps offset one of the drawbacks of the sellback model, which is the overall reduction of electricity price due to higher supply, thereby making it less viable for homeowners to sell. The envisioned model was applied to a 24-apartment building in Helsinki, Finland. The report contains a case study undertaken in Finland using a 24-apartment building in Helsinki with half of its roof space taken up by solar panels. It was found that the building's annual costs could be reduced by 68.1%. 'It has been shown that employing the proposed hedging mechanism will result in sufficient encouragement to invest in PV systems and decrease the annual cost of residential apartments,' reads the study. The study notes that though the case study bears out the assumptions, more work is still needed to test the model's viability. This could include investigating the potential of peer-to-peer energy trading among apartment tenants and investigating the role that government policy could play in encouraging adoption. Watch: Bryan Daugherty: Proof of ESG initiative through a sustainable blockchain
Malay Mail
11-06-2025
- Business
- Malay Mail
Momentum Energy Teams Up with Solargain to Empower Australian Homes and Small to Medium-sized Businesses with Solar and Battery Energy Solutions
Hybrid Inverters – These devices integrate battery storage with solar energy generation, allowing users to store excess power for later use and reduce dependence on grid electricity. – These devices integrate battery storage with solar energy generation, allowing users to store excess power for later use and reduce dependence on grid electricity. Real-Time Energy Monitoring – Enables customers to track power consumption and solar energy production, assisting in energy management. – Enables customers to track power consumption and solar energy production, assisting in energy management. Battery Storage Solutions – Offers options for storing excess solar energy for use during peak periods or at night, reducing reliance on the grid. – Offers options for storing excess solar energy for use during peak periods or at night, reducing reliance on the grid. Solar Systems (PV Panels & Inverters) – Provides access to solar photovoltaic (PV) panels and inverters, allowing customers to generate their own renewable energy and self-consume it on-site. $100 (including GST) Bill Credit – Available to Momentum electricity customers based in Victoria, New South Wales, South Australia, or Queensland who take up the offer via Momentum and purchase a Solargain product (eg. a solar PV system, solar battery or hot water heat pump). – Available to Momentum electricity customers based in Victoria, New South Wales, South Australia, or Queensland who take up the offer via Momentum and purchase a Solargain product (eg. a solar PV system, solar battery or hot water heat pump). Reduced Energy Bills – Generating and storing electricity can help reduce reliance on the grid and decrease energy costs. – Generating and storing electricity can help reduce reliance on the grid and decrease energy costs. Customer Support – Solargain provides ongoing assistance to ensure system performance and efficiency. – Solargain provides ongoing assistance to ensure system performance and efficiency. Energy Independence – Storing solar-generated electricity in a battery enhances resilience to power outages. MELBOURNE, AUSTRALIA - Media OutReach Newswire - 11 June 2025 –Momentum Energy has partnered with Solargain, a leading provider of solar PV and battery storage solutions, to accelerate the adoption of clean, renewable energy solutions in Australia . This partnership aims to make solar technology more accessible to homeowners and small to medium-sized businesses, helping them reduce energy costs, lower their carbon footprint, and transition to a more sustainable energy partnership focuses on increasing the adoption of solar power systems and battery storage in Australia. Solargain, will manage key aspects of the transition, including product selection, installation, rebate applications, and ongoing support, ensuring a seamless process for Energy supports customers in accessing solar and battery solutions through its partnership with residential and small to medium-sized business electricity customers in Victoria, New South Wales, South Australia, or Queensland who purchase a Solargain product are eligible for a one-time bill credit of $100 (including GST).Momentum's Head of Energy Solutions, Cam Taylor, said, "We're excited about our partnership with Solargain to help Momentum customers on their journey towards adopting solar and battery solutions. With recent announcements about subsidies for batteries, we expect more interest than ever, which is why we're working with one of Australia's largest providers of solar and batteries."The initiative provides homeowners and small to medium-sized businesses with access to solar and battery storage technologies. These include:Homeowners and small to medium-sized businesses taking part in this initiative can benefit from:The partnership supports renewable energy adoption by making solar and battery solutions more accessible, reducing reliance on fossil fuels and contributing to emissions #MomentumEnergy The issuer is solely responsible for the content of this announcement. About Momentum Energy Momentum Energy is an Australian energy retailer dedicated to providing sustainable energy solutions. As part of its mission to accelerate the transition to renewable energy, Momentum Energy aims to make solar and battery storage systems more accessible, help customers reduce their carbon footprints and energy costs, and reinforce its commitment to support a cleaner, more sustainable future. About Solargain Solargain is a leading provider of solar and battery storage solutions in Australia. Celebrating its 20th birthday and recently winning Canstar's 'Most satisfied Customers' award, the company specialises in the expert installation of high-quality solar panels, inverters, and battery storage systems. Solargain is committed to helping Australians lower their energy costs and reduce their environmental impact with solar energy solutions. For more information, visit: Momentum Energy | Solargain Follow Momentum Energy on social media:
CBC
30-05-2025
- Business
- CBC
The goal of 'farming under every panel'
Solar Sheep's Janna Grier and Capital Power's Wade Heuscher explain why animals are used at the Strathmore Solar site in Alberta.
Yahoo
25-05-2025
- Business
- Yahoo
Northland Upgrades SolarEdge (SEDG) to Market Perform, Cites Strong Solar Demand
Northland analyst Gus Richard upgraded SolarEdge Technologies, Inc. (NASDAQ:SEDG) from Underperform to Market Perform on May 24 while keeping the price target at $15.50. With 80% of the 2.6 terawatts awaiting connection coming from solar and battery projects, the analyst underlined the overwhelming presence of solar energy in the U.S. grid interconnection queue, which bodes well for SEDG. Richard also noted that developers and energy producers are reportedly stockpiling essential components like panels and batteries to secure 18 to 24 months of supply to meet anticipated demand. Utility-scale solar offers the quickest and most economical route to increasing power generation, even though the final form of U.S. energy legislation is still uncertain. Although shares of the company have declined meaningfully since the firm's initial downgrade on May 16, as a non-Chinese supplier with strong cybersecurity capabilities, Richard believes that SolarEdge Technologies, Inc. (NASDAQ:SEDG) stands out as a well-positioned player in this market. While we acknowledge the potential of SEDG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SEDG and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
