Solar project updates: EDP Renewables, Engie, Exus Renewables and more
Solar project milestones and portfolio finance updates for projects small and large on both sides of the meter across the United States.
Over 100 GW of U.S. solar, wind projects no longer pencil out, says FTI Consulting
Tax credit cuts from the Republican Congressional budget bill have made more than 320 proposed solar and wind projects no longer economically viable, said the business consultancy.
Bradford White releases residential hybrid electric heat pump water heaters
The U.S.-based company says its new AeroTherm G2 uses both electric and heat-pump-based heating. It ranges from 189 L to 303 L in capacity.
Global average solar LCOE stood at $0.043/kWh in 2024, says IRENA
The International Renewable Energy Agency’s latest report finds little change in the global average levelized cost of electricity for utility-scale solar plants year-on-year, while the global average total installed cost of utility-scale solar projects fell by 11%.
Solar, wind and storage reliably power Texas grid during unexpected coal shutdown
Solar and wind generated 40.2% of the ERCOT grid’s electricity this year through June. When coal plants shut down for unexpected maintenance, solar and wind stepped in, providing about 50% of generation during peak summer demand in the highest electricity consuming state in the union.
California solar curtailment down 12% on back of batteries
For the first five months of 2025, CAISO data showed solar electricity curtailment declined by 12% as a share of generation, falling from 13% to 11.5%, even as solar output grew 18% year over year. During this period, however, curtailment still rose 4.1% in absolute terms, with March showing a 28% increase, matching the prior year’s peak.
Sunbolt introduces pre-assembled solar “backyarder” kit
The kit includes two 50 W solar panels, a 400 W inverter, and two batteries and powers devices directly with 120V GFCI ports and USB ports.
Solestial designing space solar array with shorter lead time
The U.S.-based manufacturer of silicon solar PV technologies for space announced a project that requires it to manufacture, assemble and integrate 1 kW of solar cells and modules into a novel solar wing within a four-week time-period.
Renewable energy permits now face “final review” from Trump-appointed Interior head
Solar and wind projects on public lands will now undergo “elevated review” by Department of Interior head Doug Burgum.
Global solar corporate funding declines 39% in the first half of 2025
Solar funding declined year-over-year for venture capital, public market and debt financing, falling from $17.8 billion in the first half of 2024 to $10.8 billion in the first half of 2025, said a report from Mercom Capital Group.
