What are states doing to make virtual power plants a reality?
With policymakers, utilities, and private enterprise working collaboratively to find solutions that work for a given state’s unique circumstances, we will surely see continued growth of virtual power plants.
Sunrise brief: New domestic content guidance simplifies calculations
Also on the rise: Strong state solar policies boost adoption of distributed energy. Trends in residential solar finance, equipment and maintenance. And more.
Strong state solar policies boost adoption of distributed energy
Of the 29 GW of solar installed in the U.S. in 2023, 31% was distributed solar, according to the Institute for Local Self-Reliance.
Trends in residential solar finance, equipment and maintenance
An installer survey shared typical loan terms, top equipment brands and what to expect from system maintenance services.
Simplified calculation for accessing the solar domestic content bonus
A 10% tax credit incentive is added to solar projects that achieve a determined amount of U.S.-made components. New simplified calculations for eligibility are released.
Competition, oversupply to reduce n-type solar module prices
Global solar demand will continue to grow in 2024, with module demand likely to reach 492 GW to 538 GW. Amy Fang, a senior analyst at InfoLink, looks at module demand and supply chain inventories in a market still affected by oversupply.
IEA-PVPS launches action group on agrivoltaics
IEA-PVPS is poised to launch a new format for expert engagement. It will include an action group on agrivoltaics, as well as a collaborative effort to match agriculture and solar generation. It aims to unlock the potential of agrivoltaics, optimize land use efficiency, enhance agricultural resilience to climate change, and foster social consensus for solar development.
Silfab receives funds to develop U.S.-made back-contact N-type solar cells
Silfab Solar is one of seven awardees of DOE funding for projects that will use dual-use PV technologies to electrify buildings, decarbonize the transportation sector and reduce land-use conflicts.
Arevon breaks ground on 228 MW solar project in Indiana
The project is expected to provide enough electricity for the equivalent of 25,000 homes.
Sunrise brief: U.S. solar exceeds five million installations
Also on the rise: Push back on net billing. The U.S. multi-pronged approach to onshoring solar manufacturing. And more.
