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.
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.
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: Nova Scotia’s largest utility-scale solar facility is complete. Adapture Renewables acquires 450 MW solar portfolio in MISO region. And more.
The developer, owner and operator of solar and energy storage assets announced the acquisition of three projects.
The combined production from the Mahone Bay and Berwick solar power plants move Nova Scotia closer to its stringent climate plan goals.
Solar electricity’s slower growth as part of all electricity generation in the U.S. this year, reflects the impact of reduced solar capacity installations in the previous year.
Also on the rise: All solar cell efficiencies at a glance. Dominion activates Virgina’s largest grid-scale battery storage facility. And more.
Also on the rise: 2024 will be a year of recovery for residential solar, says Enphase co-founder. Largest solar installation in Mississippi begins operations. And more.
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