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.
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.
The Energy Information Administration (EIA) projects nearly 63 GW of utility-scale electric capacity additions, most of which are solar and batteries.
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.
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.
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.
Sun Streams 4 is a 377 MW solar facility 1200MWh battery energy storage system in Arizona.
Also on the rise: Recurrent Energy secures $160 million for Louisiana solar project. Solar corporate funding rises 42% globally in 2023. And more.
Microsoft will be the sole offtaker of energy produced by the 98 MW Bayou Galion Solar project, supporting its goal to be carbon negative by 2030.
Also on the rise: Lithos technology reduces water use in lithium extraction. Solar tracker provider Nextracker amps up its 2024 earnings guidance. And more.
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