Proclamation issued Oct. 10 cites impact of imported bifacial panels on U.S. solar manufacturing, while also raising the scheduled fourth-year tariff rate from 15% to 18%.
The 4.1 MW array, developed by Next2Sun, was constricted with roughly 11,000 bifacial panels, provided by Chinese manufacturer Jolywood.
The end goal of the three-year project is to use market-based financing to install 20 MW of low-income community solar at multifamily affording housing, while trimming 20% off subscribers’ electricity bills.
Also in the brief: Solar installer Sigora Solar acquired California-based Aztec Solar, first-of-a-kind utility plan could transform Southeast grid
Executive moves in solar, storage, cleantech, utilities and energy transition finance.
Dean Solon, CEO of Shoals: “A lot of people thought that the 100 MW fields were all dead, but those suckers are coming back with a vengeance.”
Dean Solon of Shoals Technologies Group: “The short version is that it’s been a damned good year.” An interview with Shoals covers the growth of large solar projects in the U.S., high AC/DC ratios and the real costs of using cheap components.
John Tough of Energize Ventures shares an investor’s view of the biggest solar IPO of 2020. It’s the first and largest solar tracking company available to U.S. public markets.
As it stands today, 2021 will likely be one of the strongest markets for solar equipment manufacturers selling into the U.S. market. A perfect storm of a recovering market post-pandemic, access to cheap capital, and the impending ITC drop-off will create strong, near-term market demand, as well as intense safe harboring activities.
Also in the brief: Zinc batteries from Eos, flow batteries from Invinity, residential storage programs from Arizona Public Service and Green Mountain Power.
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