Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
A study backed by the Solar Energy Industries Association (SEIA) and others said solar, batteries, and wind is expected to contribute over $20 billion in tax revenue and nearly $30 billion in payments to landowners.
Martin Schachinger, founder of pvXchange.com, said PV module prices will depend on national and international demand trends in the coming months, with outcomes ranging from increases to stagnation or further declines. Almost anything is possible, but nothing is certain.
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% savings in lighting, HVAC, water heating, and building envelopes (but not solar).
The capital is expected to support 2024 and 2025 Palmetto LightReach residential solar contracts.
The group of attorneys general said the Inflation Reduction Act has had a “catalytic” effect on economic growth, particularly in Republican districts.
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 guidance builds on the safe harbor that seeks to simplify domestic content calculations by establishing optional alternative cost percentages for solar developers that use solar cells manufactured with U.S.-made wafers.
Five major risks are on the horizon, said Clean Energy Associates.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.