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.
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.
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.
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.
Section 48 guidance has been released, updating the requirements for the ITC under the Inflation Reduction Act.
A sagging electricity line managed by major Californian utility Southern California Edison (SCE) is alleged to have caused a 2022 wildfire which led to two deaths, local media reports. An SCE spokesperson tells pv magazine the company cooperated with Californian authorities during its review of the blaze.
In its first commercial project, Terabase Energy successfully installed 17 MW of a 225 MW solar facility with its automated Terafab platform.
Developers’ bids for solar, wind and storage projects provided in response to a Colorado utility’s all-source procurement enabled an easy comparison of those projects to the utility’s proposed 400 MW gas unit.
The company’s revenues for Q3 pulled back 71% when compared with Q3 2022.
The renewable energy developer received funds from Cox Enterprises to accelerate its project portfolio.
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