Wood Mackenzie predicts solar growth will stagnate in 2025
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.
Indiana utility favors managed EV charging once 5% of customers have EV chargers
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.
Energy Department closes $1.2 billion in loans to Puerto Rico power producers
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.
Boviet Solar manufacturing facility ready to ramp up in North Carolina
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.
Washington state economic impact from community solar could reach $1.7 billion over next decade
Analysis from the Washington Urban Infrastructure Lab finds that a community solar program similar to New York or Minnesota could create thousands of jobs and over a billion dollars in economic impact.
Qcells acquiring community solar projects in New York
The $49.5 million sale will include four community solar projects that total 25.58 MW.
Walmart, Nexamp to bring 31 community solar projects to five U.S. states
The 31 community solar projects will be in Maine, Massachusetts, New York, Illinois, and Minnesota.
Sunrise brief: Vista Sands 1.3 GW solar project approved in Wisconsin
Also on the rise: Solar and storage on military bases. Survey captures wide-spread optimism for solar’s future, but respondents divided over AI. And more.
New installation projects for U.S. Army, New York community solar
Two 6.5 MW projects located on the Fort Johnson U.S. Army installation are underway, and a new 5 MW community solar project in New York is complete.
California Public Utilities Commission kicks community solar deadline to 2026
Kicking the deadline further down the road may put the state in peril of losing the funds, as the EPA, which runs the Solar For All program, requires all awards to begin to be deployed within the first year of grant being effective.
