Historically low module prices are expected to propel the global solar industry to record installations in 2023.
The US solar power market navigated through significant developments, including a decline in total PV from 2021, a surge in community solar projects, increased corporate solar adoption, and impactful policy shifts such as the Inflation Reduction Act.
Interconnection, or the process of acquiring a utility’s permission to connect to the local distribution grid, threatens to derail tremendous progress being made across the country to build out innovative types of energy, including community solar.
The solar portfolio will be spread across 50 sites throughout the island-state, adding to Barbados’ 30 MW solar portfolio and pushing the country closer toward being powered by 100% renewables by 2030.
Also on the rise: McCarthy begins construction on over 1 GW of solar projects in U.S. Southwest. Monoprice unveils new PowerCache batteries with up to 1,000 W of output. And more.
Also on the rise: Maxeon solar cells cleared of forced labor allegations after review. Kentucky regulators approve plan for 900% increase in renewable energy. And more.
All solar projects greater than 1 MW have been location-verified by image and latitude and longitude and put into an easier-to-move-around map.
The Inflation Reduction Act is opening the door to new business models that will dramatically accelerate the development of community solar and the benefits it provides to consumers, while also simplifying the process.
A recent report by Think Microgrid recommends that legislators or utilities develop a microgrid roadmap to guide the coordinated efforts between utility commissions, energy offices, and stakeholders.
Also on the rise: Sonnen NEM-proofs solar batteries. How local governments are driving solar energy growth. And more.
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