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.
Sunrise brief: Trump orders pause to IRA funding
Also on the rise: Palmetto secures $1.2 billion for residential solar financing. BLM seeks public input for Idaho renewable energy and storage projects on 3,800 acres. And more.
Exus secures $312 million for solar-plus-storage project in New Mexico
Energy from the project will be purchased by Public Service Company of New Mexico to support a Meta data center in New Mexico.
BLM seeks public input for Idaho renewable energy projects
The Bureau of Land Management is seeking preliminary input for potential solar, battery energy storage and wind generation projects in Idaho.
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.
BLM seeks public’s input for 700 MW solar, energy storage center in Arizona
The proposed Ranegras Plains Energy Center is a 700 MW solar facility and energy storage system in Arizona.
Sunrise brief: Hemlock Semiconductor receives $325 million U.S. government funding for polysilicon production
Also on the rise: Jackery debuts Solar Roof Tile at CES 2025. Majority woman-owned developer begins construction on solar, battery facility in Nevada. And more.
Key Capture Energy completes ITC tax credit transfer for 200 MW BESS in Texas
Two battery energy storage facilities achieved commercial operation in Texas, along with the transfer of investment tax credits.
