Sunrise brief: U.S. corporate funding of solar reached $18.7 billion through nine months this year
Also on the rise: Modeling microgrid design with Inflation Reduction Act incentives. First Solar adds 700 MW to 4 GW solar module supply deal with Silicon Ranch. And more.
First Solar adds 700 MW to 4 GW solar module supply deal with Silicon Ranch
The U.S.-made solar panel provider inked a deal to expand its supply agreement with the major utility-scale solar developer.
U.S. corporate funding of solar reached $18.7 billion through nine months this year
Mercom Capital Group’s Q3 report shows 51 GW of solar projects were acquired over this period.
Global installed PV capacity could hit 260 GW in 2022
The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) estimates that 173.5 GW of new solar capacity was installed in 2021, and that figure might rise to 260 GW in 2022. pv magazine spoke with the co-chair of the European Solar Manufacturing Council to look into the figures.
Xendee microgrid design platform update includes Inflation Reduction Act incentives
The software offers tools to apply the many incentives in the IRA throughout the modeling process.
Sunrise brief: Inside the IRA–What is an Energy Community?
Also on the rise: Tesla proposes enabling renewables developers to estimate a project’s interconnection costs. Utility-scale developer for sale. And more.
U.S. Department of Energy awards $2.8 billion to boost EV and grid battery production
As part of the Bipartisan Infrastructure Law, Group14 Technologies, 6K, Entek, and Orbia, among others, received funding awards for their operations at various stages of the lithium-ion battery supply chain.
RFP alert: Alabama Power seeks proposals for renewable energy projects
Solar, wind, geothermal, energy storage and other projects from 5 MW to 80 MW are encouraged to submit proposals.
Utility-scale developer Innovative Solar Systems is for sale at $150 million
The company has a 10 GW active project pipeline, largely in Texas, and 11 years of history.
Inside the IRA: What is an Energy Community?
The IRA crossed the political aisle by providing an additional 10% tax credit for solar and batteries in former fossil fuel regions – with some suggesting 40% of the United States is eligible.
