Latest news with #SolarEnergy
Malay Mail
a day ago
- 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
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
Yahoo
24-05-2025
- Business
- Yahoo
Here is Why SolarEdge (SEDG) Crashed by Almost 25% Today
The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell by 24.67% on May 22, 2025. Let's shed some light on the development. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) designs, develops, manufactures, and sells direct current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. SolarEdge Technologies, Inc. (NASDAQ:SEDG) suffered a major blow after the House of Representatives narrowly passed President Trump's 'one big beautiful bill' that terminates key clean energy credits that have supported the country's renewable energy industry. The legislation, now moving to the Senate, takes a 'sledgehammer' to the Biden era's Inflation Reduction Act, repealing grants intended to reduce air pollution, greenhouse gas emissions or purchase electric heavy-duty vehicles. The solar energy industry, which relies heavily on the said credits, has been hit particularly hard. The sweeping tax and spending bill makes it impossible for solar energy players to claim or transfer tax tax credits, while terminating them completely for installers that lease equipment to customers. Moreover, a tax credit for homeowners that own their own panels will also be eliminated. As a result, SolarEdge Technologies, Inc. (NASDAQ:SEDG) plummeted due to shaking investor confidence, as sales of its inverters would take a hit from lower demand for rooftop solar. It must be mentioned that SolarEdge Technologies, Inc. (NASDAQ:SEDG) recently posted an adjusted loss per share of $1.14 for its first quarter of 2025, still beating forecasts by $0.02. The company's revenue also grew by 7.4% YoY to almost $219.5 million, topping expectations by $15.25 million. While we acknowledge the potential of SEDG to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SEDG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds 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
