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Cheapest source of fossil fuel generation is double the cost of utility-scale solar

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.

Five Puerto Rico reservoirs could host 596 MW of floating solar

Potential sites for solar in Puerto Rico include reservoirs, brownfields, closed landfills, fossil generating plants after closure, and transmission rights of way, determined analysis by the National Renewable Energy Lab.

Startup launches online platform for residential PV system purchase

Two-year old Monalee developed an online platform for homeowners looking to buy solar PV and storage systems. Its software enables the process from quotes to financing, installation and after-sales support.

In case you missed it: Five big solar stories in the news this week

pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.

IEA urges countries to accelerate renewables deployment

A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.

Freight costs edge toward pandemic levels, hitting solar module costs

Freight costs, which represent around 4% of a solar module’s total costs, are increasing on trade lines between the Far East and the US West Coast, Northern Europe, and Mediterranean region.

Sunrise brief: A new federal transmission rule won’t help renewables projects anytime soon

Also on the rise: The IRA effect on domestic supply chain. Solar carport to provide 100% electricity needs for Los Angeles Six Flags. And more.

Has the Inflation Reduction Act bolstered the U.S. solar supply chain?

Wood Mackenzie is tracking the capacity that manufacturers have announced will come online in the U.S.; however, three challenges remain including a balance of materials, pricing and tariffs.

Sunrise brief: Fronius unveils residential string inverter for rooftop solar.

Also on the rise: Vermont becomes first state with Climate Superfund Act. Solar project developers face opposition from Joshua Tree conservationists. And more.

In case you missed it: Five big solar stories in the news this week

pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.

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