While the Inflation Reduction Act (IRA) is reshoring solar manufacturing in the United States, raising import tariffs may slow momentum. The actions of the incoming Trump administration are tough to forecast at this point.
Despite political uncertainty, one thing is clear: solar will play a critical role in powering the US economy. That was discussed at length in the three-day pv magazine USA Week virtual event. Ryan Kennedy provides some key takeaways.
Smaller solar manufacturers have been shuttering production lines, but not at a pace fast enough to return profit margins to healthy territory. InfoLink’s Amy Fang considers what lies ahead for PV companies in the near term.
Also on the rise: Flexible interconnection can generate 176% more revenue for community solar. The solar industry’s top 10 priorities for Trump. And more.
The Solar Energy Industries Association (SEIA) proposed ten facets of a strong solar industry under a Trump administration.
Mitsubishi UFJ Financial Group provided the funding to help Convergent Energy and Power advance its energy storage and solar portfolio in North America.
A report by the Solar and Storage Industries Institute shows that flexible interconnection, which adjusts solar output based on grid conditions, can offer significant economic benefit to community solar developers.
Aypa Power has secured $398 million for its 250 MW/1 GWh Pediment battery energy storage system (BESS) and the first phase of Arevon’s 758 MWdc solar and 300 MW/1.2 GWh Tesla Megapack BESS project is operational.
ComEd wants to explore the benefits of using a grid-connected battery energy storage system (BESS) in tandem with a small community solar project. The utility will pair a BESS with a solar deployment owned by an Illinois brewery as part of a government supported pilot.
Section 301 tariffs on imported solar polysilicon and wafers were increased to 50%.
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