In the wake of the Section 201 tariffs, the United States is seeing a minor renaissance in solar module manufacturing. However, in terms of why this is happening, the tariffs are only one part of a more complicated story.
The Southern developer has signed a deal to sell power to Green Power EMC from another 194 MW-AC of solar projects which it is building in the state.
The New York State Assembly has passed a bill which would temporarily put a hold on the alternative valuation of electricity from community solar projects and re-institute net metering for three years. The companion bill currently sits in Senate Rules Committee.
Day one of ACORE’s REFF Wall Street conference shows U.S. renewable energy finance in a healthy state, despite policy headwinds from the Trump Administration. But in the longer term, things get hot and crowded.
BNEF predicts that solar PV capacity will grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation. Investments will reach $11.5 trillion. Cost reductions will drive this charge, particularly in the battery market. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels.
The state will allow projects up to 7.5 MW to participate in the C&I portion of the program, as well as including “adders” for brownfield, landfill, low-income and parking canopy installations.
Innogy’s US subsidiary will gain exclusive rights for the acquisition of 13 solar PV projects currently owned by North Carolina’s Birdseye Renewable Energy. The projects have a cumulative capacity of 440MW and are at various stages of development.
The new round of IT-related tariffs would make it more expensive for any manufacturers planning to import cells from China for module production in the United States.
The analytics firm is the latest to predict a decline in global PV demand this year and crushed global module prices due to Chinese policy changes. TrendForce also finds that the protectionist moves taken by the U.S. will be weakened by falling module prices.
A bill passed last night in the Massachusetts Senate removes the state’s caps on net metering, sets a 100% renewable energy mandate, boosts the state’s energy storage procurement target to 2 GW and more. But can it pass the House?
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