The legislation removes key roadblocks to the development of solar, wind and battery energy storage.
The developers and investors were selected based on a Request for Information (RFI) issued in March that sought to assess potential interest and opportunities for solar, wind, battery storage, green hydrogen, geothermal, and related transmission projects.
With policymakers, utilities, and private enterprise working collaboratively to find solutions that work for a given state’s unique circumstances, we will surely see continued growth of virtual power plants.
Also on the rise: Strong state solar policies boost adoption of distributed energy. Trends in residential solar finance, equipment and maintenance. And more.
Of the 29 GW of solar installed in the U.S. in 2023, 31% was distributed solar, according to the Institute for Local Self-Reliance.
A 10% tax credit incentive is added to solar projects that achieve a determined amount of U.S.-made components. New simplified calculations for eligibility are released.
Also on the rise: Push back on net billing. The U.S. multi-pronged approach to onshoring solar manufacturing. And more.
pv magazine USA spotlights news stories of the past week including market trends, project updates, policy changes and more.
Over half of all U.S. solar installations have come online since the start of 2020 and over 25% have come online since the Inflation Reduction Act became law.
Also on the rise: More bark than bite–U.S. solar tariffs and the shadow of larger trade measures. Solidion seeks to provide sodium-based electrolytes as an alternative to lithium-ion batteries. And more.
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