Global energy storage deployment may reach 500 GW by 2031
Wood Mackenzie forecasts the US and China will represent 75% of global demand in a highly consolidated market.
Global solar capacity to grow 30% this year, said analyst
Bloomberg senior clean energy analyst Rob Barnett forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.
The role of seasonal demand in an all-electric scenario
Peak solar production does not coincide with peak heating demand, and a team of researchers determined that meeting this demand with renewables alone will require massive deployment of renewables on top of existing fossil generation.
US 2021 solar panel shipments total $9.8 billion at $0.34/W
Imports, exports, and domestically produced solar modules installed in the United States in 2021 were valued at nearly $10 billion.
Massachusetts climate bill removes anti-competitive electric choice provision
After public petition, lawmakers decided to scrap plans to remove the competitive retail electric market, which had a high penetration of renewable energy products.
Solar investment tax credit to be extended 10 years at 30%
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
Perovskite solar cell defect characterization during manufacture for improved stability
A novel electrochemical robotic arm is under development at the University of Arizona to identify perovskite defects during manufacturing rather than after to improve durability.
Georgia Power expands plans 9 GW of renewable energy by 2035
The Georgia Public Service Commission approved Georgia Power’s Integrated Resource Plan, which calls for 2 GW of natural gas and 2.3 MW of renewable energy. Plus, the REC program Georgia Power participates in may negatively impact renewables buildout.
Rhode Island limits solar power property taxes
The state legislature amended their local tax laws to lock in the assessed value of land on which renewable energy projects are built.
Can renewables curtailment be rethought as a good thing?
While curtailing solar and wind energy production can be viewed as a lost opportunity, NREL argues that it may be an important feature in the future energy grid dominated by low-cost renewable energy.
