Weekly Solar Earnings Recap: Daqo, FTC and First Solar
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported fourth quarter or fiscal year earnings over the last week.
Net-metered industrial solar developer receives equity investment
Austin, Texas-based Industrial Solar was formed in 2021 to install grid-scale solar projects that alleviate high demand charges levied on industrial companies across Texas using a net-metered industrial solar system.
Renewable energy deployment down 16% in 2022
Falling well short of expectations, renewable energy deployment slowed 16% year-over-year, according to an American Clean Power report.
Over 25 GW of solar is actively being constructed in the U.S.
The capacity joins the existing 107 GW of solar on the U.S. grid, signaling that the energy transition is well underway.
Energy justice, LMI solar strike a chord at Intersolar
The energy burden on disadvantaged or low-to-moderate income communities has translated to more than 15% of disadvantaged households’ income devoted to paying for energy each month as the cost for electricity rises, compared to 2 to 3% that average income households typically pay for energy each month.
Sunrise brief: Nextracker announces IPO pricing
Also on the rise: SnapNrack introduces solar mount that attaches to modulee bfore roof. IRA spurs 101K clean energy jobs in first six months. And more.
Watch: West Texas community comes together for solar project
A solar facility is bringing 250 construction jobs and $18 million in property taxes to Concho County, Texas.
ERCOT advanced 15 GW of solar in 2022, moving 5x faster than other RTOs/ISOs
Texas grid operator ERCOT advanced interconnection requests for 15 GW of solar projects last year, with three other grid operators advancing 9 GW. CAISO completed phase 1 studies for a large cluster of projects, while PJM and ISO-NE stayed mum on their progress.
Rapidly growing U.S. microgrid market achieves 10 GW in 2022
Driven by a rising demand for uninterrupted services, corporate ESG goals, and military resilience plans, Wood Mackenzie estimates the U.S. microgrid market has seen a 47% increase in solar and storage capacity in 2022 compared to 2017 levels.
2023 will see the most utility-scale solar added in a single year
U.S. solar market to add 29.1 GW and storage to add 9.4 GW of new capacity in 2023, according to the U.S. Energy Information Administration. If that new capacity comes online as planned, 2023 will have the most new utility solar capacity added in one year, more than doubling the current record of 13.4 GW from 2021.
