Wood Mackenzie has responded to a criticized report, clarifying that Covid-19 impacts on residential solar finance are much less significant than initially expected — and that faster-than-expected recovery for investments in the industry have kept investor confidence high.

With 400 MW of solar capacity, complimented by 180 MW/540 MWh of energy storage, the Rexford 1 Solar & Storage Center is a development of considerable size. The project now has an energy offtaker, with 8minute signing a 15-year contract with Clean Power Alliance.

A recent report by Wood Mackenzie has asserted that U.S. residential solar finance will “falter” in 2020 has been dubbed the “worst forecast of 2020” by a prominent industry figure. And while the market seems to be sustaining financial health, decreasing installation figures could be cause for concern.

The Covid-19 pandemic continues to cast a cloud on industries around the world, but the U.S. utility-scale solar segment is still growing. Around 3 GW of solar PV is set to be installed this year in Texas alone, but opportunities also abound across several other southern U.S. states.

With $32 million in series B funding and an ever-growing project pipeline, air-based tracker startup, Sunfolding, is hoping to increase its hold in the tracker market with tech that’s simple, light and can be installed on terrain previously thought untouchable.

The proposal by Capital Dynamics and Tenaska to build a 150 MW solar installation in Petersburg has been approved by regulators, the latest in a development push that will add more than 500 MW of utility-scale solar in the coming years.

Since the 1970s, solar-powered energy has been making a powerful push in the United States — which cities have been leaders in embracing the revolution?

After raising $6 million in funding, the team at Myst AI is bringing to market advanced electricity forecasting models that can help electricity companies forecast electricity demand, renewable production and market prices more accurately than ever before.

Alencon’s new white paper outlines the differences between PV-centric and battery-centric coupling.

A new critical load tiering approach solves the elusive value-of-resilience challenge and facilitates the proliferation of solar-driven microgrids.