Wood Mackenzie said that price continues to be a pain point for U.S. consumers as EVs are mostly aimed at the luxury end of the market.
Also on the rise: More minerals and metals will need to be produced for the clean energy transition, new reports say; and S-5! launches a solar project app.
Also on the rise: JinkoSolar says demand softened as polysilicon prices rose in Q1, battery EVs are forecast to rule the roads by 2050, and New York State issues site permits for two solar projects.
Also on the rise: Stem and CleanCapital extend their business ties and eye C&I energy storage, Heliogen raises $108 million from industrial heavyweights for its CSP refinery, and Ameresco will deploy a solar array at Cannon AFB.
A Q1 market report said the biggest impact has been on utility-scale projects, with some developers trying to rework PPAs. It warned that “compounding cost increases across all materials are just beginning to affect installers.”
Favorable federal tax policies and state regulatory reform could help the storage sector notch even higher rates of growth.
The U.S. tripled storage installations in 2020, accounting for 38% of new capacity, and is expected to lead future capacity additions.
Also on the rise: A report calls on DOE to do more to secure the distribution network from cyberattacks, Q CELLS claims top market share, and the National Solar Tour may be coming to a rooftop close to you.
Also on the rise: Jeep installs EV chargers at three trailheads with plans for more, worldwide wind grew at a record clip in 2020, a net metering bill fizzles, a pension fund eyes Spanish solar, and Enphase Energy enters South Africa’s solar market.
Here are the brand-new stats and forecasts from the Solar Energy Industries Association and Wood Mackenzie.
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