Business

A new report argues for the largest solar buildout the country has ever seen, which it said would create 1.77 million jobs and drive $69 billion in energy savings over five years.

Also on the rise: An insurer warns the solar industry about wildfire risks, Hawaiian Electric’s storage incentive program goes live, and solar energy jobs were lost in the pandemic year but are coming back, DOE says.

One question is whether or not manufacturers can keep up with demand, particularly inverters and semiconductors.

Roughly 840,000 jobs were lost across the energy sector in 2020, and solar was hit especially hard. A rebound is underway, according to a new report from the Energy Department.

A GCube report says that the solar industry must institute widespread wildfire mitigation and monitoring practices, or else it stands to suffer major financial losses in the coming years.

The first 259 MW of the embattled project are on-line, with the rest of the capacity expected to follow in the fall.

Around 12% of developers who were surveyed said they were delaying projects, and the firm’s price index ticked up 4.3% during the second quarter.

Trent River Solar is one of the first to be awarded a 20-year PPA through Duke Energy’s Competitive Procurement of Renewable Energy program.

The market for electric vehicle fleets got a boost as three business deals were announced, including two infrastructure partnerships for GM, and an expansion of dealership locations for Nikola.

The first startup to reach the 40 Amp-hour benchmark for a solid-state cell has now achieved a breakthrough capacity retention rate of 97.3% after 675 cycles.