Michigan passes 100% clean energy mandate
The Clean Energy and Jobs Act includes several bills that include a mandate that utilities sell 100% of electricity generation from emissions-free sources, though environmentalists argue it has opened the door for non-clean sources to participate.
Waaree to supply 1.5 GW of TOPCon solar modules for U.S. projects
Waaree Energies has signed a three-year deal with Spanish developer Acciona to supply 1.5 GW of TOPCon solar modules for Acciona’s PV installations in the United States from 2024 to 2026. The contract follows Waaree’s latest 850 MW mono PERC shipment to Acciona’s four projects in the U.S.
Sunrise brief: D.C. area targets 250,000 solar rooftops by 2030
Also on the rise: A western National Parks EV charging network, a residential heat pump turbine, lessons learned from battery energy storage systems, and more.
Renewables developer Longroad Energy secures $600 million in debt financing
The funding adds to a $500 million equity investment made in Longroad Energy in 2022.
D.C. area targets 250,000 solar rooftops by 2030
There are currently about 72,000 solar rooftops in the target region that includes Washington D.C., Northern Virginia and parts of Maryland.
Solar module prices may reach $0.10/W by end 2024
Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the current steep trajectory of solar module prices. He estimates that PV panels prices will end up dropping by 40% this year and predicts the closure of old technology and sub-scale solar manufacturing facilities, both in China and globally.
Solar wafer prices marginally rise, supported by currency exchange rate
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
2022 IEA review: Growth and challenges in the US solar sector
The US solar power market navigated through significant developments, including a decline in total PV from 2021, a surge in community solar projects, increased corporate solar adoption, and impactful policy shifts such as the Inflation Reduction Act.
Drags on demand for U.S. residential solar
The Invesco Solar exchange traded fund (ETF) TAN significantly underperformed relative to the S&P 500 and the Dow Jones Industrial Average (DJIA) stock indexes in September. Jesse Pichel, of Roth Capital Partners, puts this down to oversupply in the United States residential sector.
Reconductor existing transmission to “unlock” renewables, says UC Berkeley study
Large-scale reconductoring of existing transmission lines could cost-effectively double transmission capacity within existing rights-of-way, a study says. Renewable energy projects near reconductored transmission lines could more easily interconnect.
