A 4.3 MW solar project will power the company’s on-site production facility, with excess going to the state.
Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA
Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
The Longroad Energy’s 108 MW Foxhound Solar Project to be acquired by Dominion Energy was the first utility-scale solar project to receive Virginia Pollinator-Smart biodiversity certification.
With this strategic agreement, EDPR increases its commitment to U.S. domestic content, while also pursuing its strategy of supply chain and technology diversification.
The utility solar project is slated to reach commercial operations by fall of 2024, and when operational will be owned by the developer, Swift Current Energy.
Also on the rise: 50 states of solar incentives–Minnesota. NABCEP recognition a catalyst for solar developer’s growth. And more.
As many as 22 million solar panels will be sold by the U.S. manufacturer as a result of the deals. The company generated $1 billion in revenue in Q4 2022.
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported fourth quarter or fiscal year earnings over the last week.
The developer ordered 4 GW of U.S.-made thin-film solar panels, adding to the 4.3 GW ordered in 2021.
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