Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.

A study backed by the Solar Energy Industries Association (SEIA) and others said solar, batteries, and wind is expected to contribute over $20 billion in tax revenue and nearly $30 billion in payments to landowners.

Five planned solar facilities will add 700 MW of capacity to a state that currently has only 376 MW of solar installed.

Utility AES Indiana and software provider Camus said in a study that the utility can best reduce costs by preparing now to launch managed EV charging by early 2029, when it projects 5% of its customers will have installed EV chargers.

Also on the rise: Palmetto secures $1.2 billion for residential solar financing. BLM seeks public input for Idaho renewable energy and storage projects on 3,800 acres. And more.

While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.

The Liquid Solar Alliance looks to reimagine the chemical industry by coupling electricity from solar energy with semiconductor materials to transform carbon dioxide into ethylene.

Also on the rise: Fire at California’s Moss Landing battery plant triggers evacuation. Coalition of 17 state attorneys general urge Congress to retain clean energy tax credits. And more.

Loan guarantees by Loan Programs Office intend to finance grid enhancement to build resilience and expand access to affordable electricity for the people of Puerto Rico.

The guidance builds on the safe harbor that seeks to simplify domestic content calculations by establishing optional alternative cost percentages for solar developers that use solar cells manufactured with U.S.-made wafers.

At least eight Republican Congress members voiced support for retaining tax credits created by the Inflation Reduction Act of 2022.

The N.C. Clean Energy Technology Center 2024 annual review and Q4 edition of The 50 States of Solar finds that most states took some distributed solar policy action during 2024, with most related to net metering policies, residential fixed charge increases and community solar.

Transferable tax credits offer a flexible, market-driven solution that complements traditional financing options.

Also on the rise: Clean hydrogen set for commercial liftoff by 2030. $50 billion solar land boom in Texas. And more.

Wind and EVs have come under the crosshairs for the Trump Administration, while solar has been relatively unscathed – so far.

Network upgrade costs for generating projects recently withdrawn from interconnection queues averaged 70% of total interconnection costs, Berkeley Lab researchers found. They proposed solutions for interconnection issues in a paper published in Joule.

Utility projects supported by these loans are expected to add much-needed transmission capacity by building new transmission lines, reconductoring existing lines and implementing grid-enhancing technologies that will get more out of existing grid.

Millions of acres on federal land are suitable for renewable energy, of which less than 5% is needed to be carbon-free by 2035, found National Renewable Energy Laboratory.

The company plans to manufacture both solar modules and cells in its Greenville facility, following a $294 million investment and the establishment its first North American production hub.

Developed at the U. S. Ames National Laboratory, the novel magnetocaloric heat pump utilizes gadolinium as the working medium and reportedly matches current vapor-compression heat pumps for weight, cost, and performance. The system is based on a packed-particle bed active magnetic regenerator, a magnetic source composed of permanent magnets and high permeability magnetic steel.