First Solar and Terrasmart expect U.S. developers will secure the 10% domestic content bonus credit with the companies’ racking and module integration.
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.
A study backed by the Solar Energy Industries Association (SEIA) and others said solar, batteries, and wind is expected to contribute over $20 billion in tax revenue and nearly $30 billion in payments to landowners.
Five planned solar facilities will add 700 MW of capacity to a state that currently has only 376 MW of solar installed.
Energy from the project will be purchased by Public Service Company of New Mexico to support a Meta data center in New Mexico.
The Bureau of Land Management is seeking preliminary input for potential solar, battery energy storage and wind generation projects in Idaho.
Also on the rise: Five solar businesses added to forced labor list, banned from U.S. entry. BLM seeks public’s input for 700 MW solar, energy storage center in Arizona. And more.
Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modeling tool that also predicts solar costs will continue falling by 10% a year.
The Martin County Solar Project was developed by Savion and Edelen Renewables on a 1,200 acre former mountaintop coal mine, employing over 300 during construction.
Michigan’s Department of Natural Resources offered a 420-acre parcel of “less than pristine” land to a solar developer to expand a nearby project. This sparked backlash from local politicians, who called the land management department “rotten to its core,” and prompted the developer to back away from the expansion.
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