Effective this August, the new law will provide property tax breaks and other incentives for siting solar projects on brownfields and former coal mines.
The IEA-PVPS 2025 Snapshot of Global PV Markets reveals a pivotal moment for solar power: global PV capacity surpassed 2.2 TW, with more than 600 GW installed in 2024 alone. As module prices fell due to oversupply, installation volumes continued to grow, highlighting both the strength and volatility of the global PV industry.
The company joins a growing list of major U.S. residential solar players in financial distress or bankruptcy.
The New York-based solar, storage and EV charging provider secured funds to support construction of onsite clean energy projects.
The industry is expected to support over 500,000 jobs by 2030, though disruptive policy could crush that growth, said a report from the American Clean Power Association.
A case heads to the California Supreme Court, while another anti-consumer bill passes the House.
The utility issued two requests for proposals, one for 800 MW of solar, storage and wind, and one for 300 MW of solar, wind or hydroelectric power.
The United States also installed a record 1.6 GW of grid-scale energy storage in the first quarter of 2025, according to a report from the American Clean Power Association.
DOE said the projects “failed to advance the energy needs of the American people.”
Projects financed with Mosaic could see significant delays, said residential solar marketplace operator EnergySage.
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