Mercom, WoodMac note challenging PV investment climate in Q1
Mercom Capital Group says that total corporate solar funding, global venture capital funding, public market financing, and PV mergers and acquisitions all fell year on year in the first quarter of 2024. The sector is still grappling with high interest rates, which Wood Mackenzie says is disproportionately affecting renewables projects.
Solar now accounts for over 50% of new electricity capacity added to the U.S. grid
Looking back at the first full year since passage of the Inflation Reduction Act, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of energy, jobs and investment opportunity.
Baltimore Gas and Electric installs battery storage system to manage winter peaks
The 2.5 MW/9.74 MWh Hitachi Energy facility helped the utility avoid distribution upgrade costs and also participates in the PJM Interconnection.
The importance of community solar in all-of-the-above renewable energy strategy
Recent studies show the many benefits of community solar, and to keep it on an upward trajectory, the Coalition for Community Solar Access encourages growth in third-party programs.
U.S. residential solar prices drop, strong interest in storage
The 18th edition of the EnergySage Marketplace Report finds the residential solar segment in the U.S. is rocked by persistent inflation, the California NEM 3.0 and rising loan fees. Yet prices have fallen and consumer interest in storage is strong.
U.S. community solar installations expected to more than double by 2028
The cumulative total of community solar installations is expected to reach 14 GW in the United States by 2028, according to a report by Wood Mackenzie.
Arcadia releases its first report on the state of community solar
The future is bright for community solar notes Arcadia’s report, as states have strengthened programs, federal legislation is increasingly implemented and billions of dollars are invested in solar projects for all income levels.
Chaberton Energy sees community solar installations skyrocket
The community solar specialist reached 100 solar energy installations under contract in less than four years, and it plans to double its growth in the next two years.
Sunrise brief: Many states transition away from net metering
Also on the rise: Energy Department announces investments in clean energy future. WoodMac predicts strong yet flat global PV growth through to 2032. And more.
WoodMac predicts strong yet flat global PV growth through to 2032
Research firm says the solar industry has reached a new stage in its evolution and is predicting around 350 GW of global solar installations annually for the next eight years.
