Financing challenges, manufacturing uncertainty, and soaring data center demand dominated day one of the ACORE Finance Forum, but the biggest concern was political: proposed changes to the Inflation Reduction Act, described by one speaker as a potential “self-goal,” cast a shadow over an otherwise optimistic outlook for clean energy investment.
The partnership aims to reduce interconnection study times by 80%, to address SPP’s portion of a national bottleneck of 2,500 GW of solar, wind and storage projects awaiting interconnection.
The increased manufacturing capacity supports the growing solar generating capacity, with solar and storage accounting for 82% of all new generating capacity added to the grid. However, the House bill coupled with rising tariffs threaten the trajectory.
Regardless of legislative outcomes, T.J. Rodgers vowed that SunPower would survive any solar-industry policy turbulence.
The company joins a growing list of major U.S. residential solar players in financial distress or bankruptcy.
The new EcoRecycle facility, based in Cartersville, Georgia, will remove aluminum, glass, silver and copper from used solar modules and process them for re-use.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
The New York-based solar, storage and EV charging provider secured funds to support construction of onsite clean energy projects.
The Senate has an opportunity to “restore commonsense” and protect taxpayers, the letter states, calling on amendments to the bill that will unleash “the potential of U.S. energy producers, manufacturers, and workers.”
The industry is expected to support over 500,000 jobs by 2030, though disruptive policy could crush that growth, said a report from the American Clean Power Association.
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