The closure of numerous solar contractors in 2024 has sent ripples through various facets of the solar market, affecting customers, ongoing projects, and the industry. Homeowners with ongoing installations face uncertainty and potential delays. . However, 2024 has brought immense challenges, with higher interest rates, tighter financing, and adverse policy shifts in key states contributing to over 100 solar bankruptcies based on our industry data, a number unseen before in our almost 20 years in the solar sector. California was particularly. . In a significant move to accelerate renewable energy development, New York Governor Kathy Hochul has signed legislation repealing the state's “100-foot rule. ” This long-standing requirement mandated a specific setback for solar projects from property lines, creating a considerable barrier for. . A US solar industry group has outlined a nine-point policy agenda calling on New York City's incoming mayor to accelerate rooftop solar and battery deployment to address grid reliability risks, energy costs and climate targets.
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