IEA urges countries to accelerate renewables deployment
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.
Solar panel import tariffs are affecting the industry by increasing prices by up to 286%
Clean Energy Associates released a summary of the seven solar module trade policies and solar panel import tariffs currently in place, including AD/CVD rulings, Section 201/302, and the Uyghur Protection Act. These tariffs have significantly increased, or will increase, the cost of hardware imports into the United states – predominantly from China, but not exclusively – by 91% to 286%.
Total U.S. solar module manufacturing capacity grows by 71% in Q1 2024
According to the U.S. Solar Market Insight Q2 2024 report, solar module manufacturing production capacity increased by over 11 GW.
U.S. commercial real estate to host VPP-connected flywheels and batteries
U.S.-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.
World’s largest solar plant goes online in China
China Green Development Group has switched on the 3.5 GW Midong solar project in Urumqi, China’s Xinjiang region. The project required an investment of CNY 15.45 billion ($2.13 billion).
Sunrise brief: Scorecard rates most reliable solar modules
Also on the rise: Building public trust around large-scale solar energy projects. Former U.S. nuclear weapon test site to host solar energy projects. And more.
Former U.S. nuclear weapon test site to host solar energy projects
The Department of Energy will develop a 400 MW solar array at the Idaho National Laboratory site, large enough to power about 70,00 homes.
Circular recycling approach aims for ‘perpetual utility’ of PV materials
After analyzing the future usage of material by the crystalline silicon PV industry, including glass, aluminum, silver, copper, ethylene-vinyl-acetate (EVA), and silicon, a German research team found that a circular recycling approach could address foreseeable supply problems. It could also reportedly become economically sustainable.
Building public trust around large-scale solar energy projects
The Department of Energy awards $9.5 million to four projects intended to learn about best community engagement practices for solar siting and permitting.
People on the move: Wood Mackenzie, Borrego, Skydweller Aero and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
