After a suppressed first quarter, the US solar market is buoyed by tariff suspension
The Wood Mackenzie/SEIA US Solar Market Insight Q1 report finds that the two-year suspension on new solar tariffs is just a start. Passage of further clean energy legislation could boost US solar installations 66% in the next decade.
Analyst predicts extent of rise in this year’s solar capital costs
Wood Mackenzie this week made a slew of predictions for the industry in 2022 and noted the effects the US’ recently announced anti-circumvention investigation is already having on utility scale plans.
SOLV Energy begins 1.3 GW solar project
SOLV will perform engineering, procurement, and construction for the first 400 MW of the aptly named Mammoth North solar project in Indiana.
Wood Mac analysts trade laptops for ladders, installing solar in Puerto Rico
A team of three analysts from global energy consultancy Wood Mackenzie are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation.
Global energy storage demand is accelerating, Wood Mac says
The U.S. and China are expected to dominate the global storage market, making up more than 70% of total global installed capacity through 2030.
Sunrise brief: Soltec books tracker orders for 700 MW of solar capacity
Also on the rise: Price increases and trade uncertainty weigh on solar, TVA prices a green bond offering, and we look at factors that affect rooftop solar longevity.
Price increases hit solar as trade uncertainties with China cloud growth goals
Price increases, supply chain disruptions, and a series of trade risks are threatening the U.S.’s ability to decarbonize the grid, warned SEIA president and CEO Abigail Ross Hopper.
Energy storage investment on track to top $5 billion in 2021, report says
A reported 345 MW of new energy storage systems were brought online in the second quarter of 2021, according to the U.S. Energy Storage Monitor report.
Global EV growth is leaving the U.S. in the dust
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.
Sunrise brief: Partners plan 6.7 MW community solar project in Maine
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.
