The 300 MWh Revolution energy storage facility was completed in one year—on schedule and within budget.
The number of PV installations around the world grew by an annual average of 28% between 2019 and 2023, including a 56% jump from 2022 to 2023, according to Wood Mackenzie. Growth is not expected from 2024 to 2028, however.
Also on the rise: All I want for Christmas is one terawatt of solar deployed annually. 75% of California solar companies are high risk, more bankruptcy on the way. And more.
As the world grapples with the escalating impacts of climate change, our hopes rely on the innovation and implementation of technical solutions, particularly solar, as we scale toward annual deployments of 1 terawatt and beyond.
With the calendar year almost complete, pv magazine USA shares four trends it saw in residential solar this year.
Catalyze announced that two solar projects in Lancaster, New York commenced operation, one of which serves Finger Lakes Health through a community solar agreement.
Lightsource bp closes $85 million tax equity deal for 188 MW Honeysuckle Solar project, scheduled to come online in early 2024.
Advantage Capital committed to invest in Sabanci Renewables’ 272 MW utility-scale solar project in Texas.
Also on the rise: 38% solar growth pushing wind-solar dynamic duo past coal in 2024. Next generation winning legal battles against fossil fuel policy. And more.
Also on the rise: Nova Scotia’s largest utility-scale solar facility is complete. Adapture Renewables acquires 450 MW solar portfolio in MISO region. And more.
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