Markets

A lot has changed in tracker technology in the past decade, so in upgrading its Alamo plants, OCI Solar Power completely replaced the old tracker with a new state-of-the-art system, all while keeping the plant energized.

The agrivoltaics market is pegged at a 10.1% annual growth rate. Industry constituents are convening at the inaugural Solar Farm Summit this week in Rosemont, Ill.

Houses of Worship represent only 0.6% of all non-residential buildings, but account for nearly 2% of solar installations on such buildings. These locations offer a unique opportunity to promote solar and a blueprint for equitable solar deployment in communities across the country.

A clean energy plan for TVA sponsored by the Center for Biological Diversity and GridLab could save customers about $200 billion through 2050. It calls for almost four times more solar by 2035 than the maximum amount TVA was considering last year.

Also on the rise: Inside transferability, or selling renewable energy tax credits. Polar Racking 19 MW Axsus tracker order for N.Y. community solar portfolio. And more.

The market awaits the U.S. Treasury guidance on direct sales of federal tax credits, but sales are moving forward without waiting, said Norton Rose Fullbright.

The Bee & Butterfly Habitat Fund’s program helps make utility-scale solar projects pollinator friendly.

Also on the rise: Silfab Solar raises $125 million for U.S. cell and module manufacturing. Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022. And more.

Speaking at the ACORE 2023 Policy Forum, three renewable energy executives and an industry banker shared their prognostications for how soon we should expect to see tax credit and equity transferability occur, as well as a wishlist of IRA policy items that they hope to hear guidance on this year.

The grid operator’s projected 5% “completion rate” for projects in its interconnection queue was questioned by executives at the renewables trade group ACORE and the consultancy GridLab.