Why did Silicon Valley Bank fail and what does this mean for the future of the solar industry?
Silicon Valley Bank (SVB) has been the preferred bank for the climate tech sector for the last ten years. In 48 hours, it was no more. So what happened? The simple answer is that they grew too fast and made the wrong financial decisions. But there’s always more to the […]
Cost of Solar On The Rise Due to Wafer Supply Shortage
Have you noticed silicon wafer prices have blasted through the roof? We’ll provide some background on what caused this abrupt change in the market and when to expect prices to stabilize. We’ll also give you some details on what pricing has looked like over the last year. Why is the […]
Why Detroit Energy is Closing Coal Plants and Going Solar
When industry leaders get a positive public response after making big moves, more often than not their competitors will follow suit. When those moves happen to be beneficial for their customers’ bottom line and improve the environment, that’s a win-win. SunHub is encouraged to see Michigan energy giant Detroit Energy […]
CSA Group Opens Distributed Energy Resource Lab In Independence, Ohio
CSA Group opened a 40,000-square-foot Distributed Energy Resource Lab near Independence, Ohio. Founded in 1969, CSA is a global leader in standard development, testing, inspection, and certification. The new lab is proof of an uptick in worldwide demand for sustainable energy sources, including solar. “With more industries seeking to decarbonize, […]
The Inflation Reduction Act of 2022: What You Need to Know
The Inflation Reduction Act (IRA) went into effect on August 15th, 2022, with the lofty goals of lowering living costs for Americans, reducing the national deficit and combating the climate crisis. The Act earmarked $369 billion for energy and climate spending. In this blog, we break down what this means […]