pv magazine USA spoke with ABB’s renewables manager, Brian Nelson, who says higher power densities and bi-directional capabilities are necessary as we move away from fossil fuels and have an increasingly electrified grid.
Also on the rise: The rise of transferable tax credits in clean energy finance. Wood Mackenzie predicts global solar growth will stagnate in 2025. And more.
First Solar and Terrasmart expect U.S. developers will secure the 10% domestic content bonus credit with the companies’ racking and module integration.
At least eight Republican Congress members voiced support for retaining tax credits created by the Inflation Reduction Act of 2022.
The N.C. Clean Energy Technology Center 2024 annual review and Q4 edition of The 50 States of Solar finds that most states took some distributed solar policy action during 2024, with most related to net metering policies, residential fixed charge increases and community solar.
Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
Transferable tax credits offer a flexible, market-driven solution that complements traditional financing options.
Also on the rise: Clean hydrogen set for commercial liftoff by 2030. $50 billion solar land boom in Texas. And more.
A study backed by the Solar Energy Industries Association (SEIA) and others said solar, batteries, and wind is expected to contribute over $20 billion in tax revenue and nearly $30 billion in payments to landowners.
The second article in a two-part series from VDE Americas looks at hail risk mitigation measures that continue advancing through improved materials, prediction capabilities and refined stow strategies.
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