BloombergNEF says global solar installations could hit 574 GW this year
BloombergNEF says in a new report that developers deployed 444 GW of new PV capacity throughout the world in 2023. It says new installations could reach 574 GW this year, 627 GW in 2025, and 880 GW in 2030.
Rooftop solar has technical potential to meet 45% of U.S. electricity demand
Today, it only represents about 1.5% of the electricity used. A report from Environment America shows how installed rooftop solar increased 1000% in the past decade, and how it has a long runway of growth ahead.
Sunrise brief: California regulators approve $1.9 billion investment plan for zero-emission vehicle infrastructure
Also on the rise: On the floor at RE+ Northeast 2024. Utility-scale solar had a record year in 2023–set to double in 2024. And more.
Utility-scale solar had a record year in 2023. It’s set to double in 2024
The Energy Information Administration (EIA) projects nearly 63 GW of utility-scale electric capacity additions, most of which are solar and batteries.
Blue Ridge Power plans 164 MW solar tracker-based plant in Virginia
Soltec to supply SF7 trackers that were introduced to the U.S. market last month, and are not only designed to adapt to terrain, but can be locally manufactured, the company reports.
Standard Solar acquires 84 MW community solar portfolio in Illinois
Construction of the 14 projects in the portfolio is expected to begin this year.
Sunrise brief: California bill to reevaluate rooftop solar net metering
Also on the rise: 26% of battery storage systems have fire detection and suppression issues. Solar glass manufacturing comes to Georgia. And more.
Reducing cost of residential solar financing with virtual power plants
Solrite Energy says its new power purchase agreement has more agreeable finance terms due to the ability of distributed solar-plus-storage to make money as part of a virtual power plant.
Sunrise brief: Debunking the myth that all solar panels come from China
Also on the rise: The top ten solar panel brands serving the U.S. market. Solar actuators, the brains and brawn behind solar trackers. And more.
Sunrise brief: Qcells partners to recover 95% of solar panel value with recycler
Also on the rise: Hawaii legislation seeks to undo “massive momentum killer” for rooftop solar. Electrolyzer manufacturing capacity could outpace demand by 2030. And more.
