Corporate PPAs hit record high in 2023, says BloombergNEF
BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.
NREL says long-term degradation of 8 GW of U.S. solar ‘matches expectations’
The short-term impact of extreme weather, such as flooding, high winds, hail, wildfire and lightning, was minimal in most PV systems studied.
WoodMac predicts strong yet flat global PV growth through to 2032
Research firm says the solar industry has reached a new stage in its evolution and is predicting around 350 GW of global solar installations annually for the next eight years.
Solar installations can be haven for insects
Habitat-friendly solar could help protect insect populations and improve pollination in nearby agricultural fields.
SolarEdge announces reduction of global workforce
SolarEdge, an Israel-based inverter manufacturer, says it plans to cut about 900 jobs as part of a restructuring plan “designed to reduce operating expenses and align its cost structure to current market dynamics.”
Solar corporate funding hits decade-long high in 2023
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.
U.S. government identifies 22 million acres for solar in western states
The Western Solar Plan, which will govern the leasing of US public land for solar, has been updated for the first time in more than a decade. It has identified 22 million acres (8.9 million hectares) that are best suited for solar development across 11 featured states.
