The announced investments of nearly $46 billion are at stake, along with jobs, the continued buildout of gigawatts of new solar and lower energy costs, all the while ceding the AI race to China, said industry leaders.
Financing challenges, manufacturing uncertainty, and soaring data center demand dominated day one of the ACORE Finance Forum, but the biggest concern was political: proposed changes to the Inflation Reduction Act, described by one speaker as a potential “self-goal,” cast a shadow over an otherwise optimistic outlook for clean energy investment.
States have an opportunity to influence transmission providers to adopt advanced conductors and other technologies that increase transmission capacity, says a renewables trade group. Added transmission can enable more solar to connect to the grid.
Many of the largest clean energy developers and investors in the U.S. would likely increase their activity in the U.S. clean energy sector as long as no changes were made to energy tax credits, according to study by American Council on Renewable Energy.
Transmission planning by the federally owned utility TVA can bring more low-cost solar and wind power to customers, and Congress can guide the utility in that direction, says a report from two renewables trade groups.
A new ACORE report says corporate use of power purchase agreements remain integral to getting large solar projects off the ground.
With passage of a trifecta of clean energy legislation, the U.S. now has strong industrial policy that is building out domestic manufacturing, bringing jobs to the U.S., increasing clean energy capacity, driving the economy and more. What could change?
On Day One of pv magazine USA Week, a panel of experts explored the levelized cost of energy as well as current challenges to capacity expansion.
The preliminary decision on countervailing duties on cells from companies in Vietnam, Cambodia, Malaysia and Thailand are lower than some expected for several major Chinese producers.
Mid-Atlantic grid operator PJM has a ready opportunity to enable substantially more battery capacity and prevent a near-term resource adequacy shortfall, says a trade group report.
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