Sunrise brief: Bloomberg analyst forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.
Also on the rise: US 2021 solar panel shipments total $9.8 billion at $0.34/W. Nearly all smart inverter manufacturers will be delivering smart inverters within a year. And more.
Global solar capacity to grow 30% this year, said analyst
Bloomberg senior clean energy analyst Rob Barnett forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.
Only one PV project to compete in Quebec’s 780 MW renewables tender
The 40 MW solar park is under development by Saint-Augustin Canada Electric Inc and planned to be located in Bas Saint Laurent, with completion scheduled for October 2026. Wind and hydropower were the prevailing sources in the procurement exercise.
Enphase announces five million microinverters shipped from Salcomp factory in India
Since 2020, Salcomp has manufactured Enphase Microinverters and other components in a factory in India for the North America, Europe, and Asia Pacific markets.
Sunrise brief: Inflation reduction act supports Made in the USA solar supply chain
Also on the rise: Massachusetts climate bill removes anti-competitive electric choice provision. Carolina utility chasing waterfalls, costing consumers billions. And more.
Carolina utility chasing waterfalls, costing consumers billions
A Brattle Group study finds that arbitrary caps on solar power will increase electricity costs by billions through 2035, including $900 million in 2030, and $800 million in 2032 alone – while the utility is putting trust behind non-existent nuclear reactors.
93% of utility-scale batteries that came online in 2021 were paired with solar power generation
EIA Annual Electric Generator Report finds that the greatest change in battery use is for price arbitrage.
Sunrise brief: Solar investment tax credit to be extended 10 years at 30%, per Inflation Reduction Act
Also on the rise: As Texans are asked to cut energy use amidst a heat wave, solar and batteries step up. Intersect Power places order for 2.4 GW of First Solar modules. And more.
As Texans are asked to cut energy use amidst a heat wave, solar and batteries step up
The Texas grid is having energy supply issues as heat waves cause energy demand to spike. Rooftop solar and energy storage offer relief for homeowners and the grid at large.
Intersect Power places order for 2.4 GW of First Solar modules
A long-time customer of First Solar’s, Intersect Power is expected to be one of the largest buyers and operators of First Solar technology by 2027.
