GlobalData says global renewable capacity will more than double to 8.4 TW by 2031, with PV reaching nearly 6 TW, a 13% compound annual growth rate from 2025 levels of 4.1 TW.
Since 2022 the Let’s Share the Sun Foundation and Wood Mackenzie have provided renewable energy solutions to help advance health, women’s safety and education for children.
The Jordan Rd 1 project, which will operate as a community solar facility following construction, has already secured nearly $2 million in funding from the NY-Sun program and is expected to earn another nearly $1.6 million for serving income-qualified subscribers.
Indigenized Energy recently led a project deploying an off-grid solar-plus-storage solution for a buffalo ranch owned by the Northern Cheyenne Tribe in Montana. pv magazine spoke with Serena Romero, the company’s director of marketing and communications, about the potential of off-grid renewables to empower North America’s indigenous peoples.
The deal marks the second transaction between the two companies in Illinois and brings Luminace’s total operating and under-construction capacity in the state to over 200 MW.
The partnership aims to develop community solar, small utility-scale solar and energy storage projects on 50 or more of WM’s capped landfill sites across the United States.
The company says it will provide dedicated solutions to commercial, industrial, and community solar projects nationwide..
GlobalData’s latest analysis says the U.S. will add between 41 GW and 52 GW of solar annually until 2035.
New York State’s Build-Ready program, designed to clear hurdles to solar or storage deployment on previously developed sites, has faced challenges well beyond the expiration of tax credits under the OBBBA tax and spending law, according to a program review.
After peaking at 372 GW of solar deployed in China in 2025, BNEF sees a decline to 341 GW in 2026, leading to the first potential global slowdown in two decades, even as deployments outside China rise above 300 GW.
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