Global solar installations could reach 1 terawatt next year
BloombergNEF reports that the world installed nearly 600 gigawatts of solar power in 2024, closely aligning with projections that annual global solar installations will surpass 1 terawatt within the next few years. Although projections for 2025 currently fall short of that pace, early forecasts often underestimate actual deployment.
Indoor transition metal dichalcogenide solar cells may reach 36.5% efficiency
New research from Stanford University has investigated the performance limits of transition metal dichalcogenide solar cells for indoor energy harvesting intended for powering internet of things (IoT) devices and sensors. The analysis showed these cells may reach a power conversion efficiency of up to 36.5%.
Objections to PJM seeking to fast-track gas-fired power plants over renewables
The Sierra Club and four other public interest organizations say that jumping the interconnection queue offers no guarantee of these resources coming online in time to meet what PJM describes as an urgent need.
People on the move: Silfab Solar, CEA, Environmental Working Group and more
Job moves in solar, storage, cleantech, utilities and energy transition finance, plus the job opening of the week.
Comstock Metals tackles closed-loop solar recycling
The Nevada company’s thermal process decomposes plastic components in solar panels and recovers 100% of useful materials.
Utilities say existing customers key to meeting future demand
In an ICF survey, utility leaders cite importance of distributed generation, management systems and artificial intelligence.
Solar equipment providers streamline domestic content credit monetization
Commercial and industrial solar installers can tap SolarEdge and Enstall in a partnership with certified public accounting firm Novogradac and tax credit marketplace operator Crux to access a streamlined approach to qualifying for and accessing the domestic content bonus tax credit.
Eliminating tax credits would reduce solar and wind deployment by half, says Brattle
“A wide array of resources is needed” to meet growing electricity demand, including hundreds of gigawatts of solar and wind capacity that can be deployed quickly but would be reduced by half without tax credits, says a report prepared for ConservAmerica.
Colorado’s push for a faster path to rooftop solar gains momentum
A bill for automated permits is gaining momentum in a state with some of the longest permitting timelines in the country.
Texas storage project secures $183 million in financing and tax equity
The 200 MWh Fort Duncan energy storage project currently under construction is expected to be operational by summer 2025 in ERCOT territory.
