According to BloombergNEF’s just released 1H 2024 US Clean Energy Market Outlook, Texas promises to top the charts in terms of solar, wind and battery storage deployments in the period from 2024 to 2035. But it’s position as the number one U.S. state for renewable energy is not a given, as panelists made clear at last week’s RE+ Texas conference in Houston, Texas.
The Golden State set multiple clean energy records in April, with solar power increasingly dominating the grid, supported by robust energy storage solutions.
The key to ensuring expected financial returns from the IRA comes down to a single word: compliance, and tax credit compliance is fraught with risk and complex to manage.
Also on the rise: A faltering SunPower now offers Tesla Powerwall 3 to residential solar customers. California is now a batteries-included rooftop solar market. And more.
About 60% of customers have included battery energy storage with their rooftop solar installation, up from roughly 10% prior. However, a “sustained downturn” is expected for the market.
SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.
Governor Polis signed into law bipartisan legislation that launches a new dispatchable distributed generation program and leverages Solar for All funding to upgrade its grid, lower energy bills for all and promote energy equity.
Prices for tunnel oxide passivated contact (TOPCon) solar panels continue to fall. pvXchange.com founder Martin Schachinger explains how this will affect the sale of PV modules based on passivated emitter and rear cell (PERC) cells.
Also on the rise: EV manufacturer Rivian invests in solar energy. Market impacts from the recent flurry of solar policy actions. And more.
The U.S. had an extremely busy week of policy changes, including AD/CVD, domestic content, bifacial panel exemptions, and changes to 301 tariffs.
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