Data centers lead global growth in corporate PPAs
In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.
Longi claims world’s highest efficiency for silicon solar cells
Longi said it has achieved a 27.81% efficiency rating for a hybrid interdigitated back contact, as confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).
Congress proposes bill to phase out solar and wind tax credits
The plan proposes to phase out the investment tax credit and production tax credit for solar and wind while keeping it in place for other technologies.
U.S. total solar capacity to double over three-year span
The Energy Information Administration said cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy storage capacity is expected to grow 70% in 2025 alone.
New Mexico establishes $20 million local solar grant fund
The fund supports solar installations for tribal, rural and low-income schools, municipalities and counties.
Six ways for California to lower electricity rates
California has an electric bill affordability crisis. The Solar Energy Industries Association makes recommendations to address it.
SMA releases 9.6 kW and 11.5 kW hybrid solar inverters
SMA America introduced two larger power classes to its Sunny Boy residential solar inverter line.
Trump tariffs deal damage to U.S. solar
“It’s a changed world in the renewables space,” said Stefan Reisinger, partner, Norton Rose Fulbright.
Perovskite tandem provider integrates with existing solar manufacturing lines
While many perovskite developers pursue a 2-terminal format, which poses design and production constraints, Caelux uses a 4-terminal approach that bypasses technical challenges.
The challenge of truly clean-powered operations
Growing corporate interest in hourly matching power purchase agreements (PPAs) is expected to drive the pairing of PV, wind, and battery energy storage systems (BESS), with potential broader impacts on the energy procurement market, as Neil Ford reports.
