Community solar to exceed 6 GW in 2023
Following a suppressed 2022, community solar is expected to have an upward trajectory, boosted by new state laws, the implementation of billions in grant money from the Inflation Reduction Act, and the smoothing of bumps in the supply chain.
WoodMac predicts 270 GW of new global PV capacity in 2023
Wood Mackenzie expects 270 GW of new global PV capacity in 2023, up 33% year on year. However, the annual growth rate is anticipated to fall to 1% in 2024 and to increase again by 5% in 2025.
U.S. Customs solar exclusions may be “de facto ban on Chinese polysilicon”
Longi solar modules made of Tongwei polysilicon have been excluded from entry to the U.S.
U.S. clean hydrogen roadmap needs work, say analysts
Wood Mackenzie principal analyst, Hector Arreola, suggest The Biden-Harris Administration address cost and scaling roadblocks to meet the U.S. National Clean Hydrogen Strategy and Roadmap’s ambitious goals.
EV sales to make up nearly one-third of passenger vehicle sales in U.S. by 2026
BloombergNEF’s Electric Vehicle Outlook 2023 forecasts an impressive trajectory of EV sales in the U.S., but cautions that faster progress is needed in order to reach net-zero road transport emissions by 2050.
Sunrise brief: What salary and benefits can I expect in solar development?
Also on the rise: 50 states of solar incentives–Hawaii. Is your project underperformance caused by trackers? And more.
DOE announces over $192 million for battery recycling
The decision extends the Lithium-Ion Battery Recycling Prize contest and builds on the nearly $3 billion invested in EV and battery technologies by President Biden’s Bipartisan Infrastructure Law.
Top risks for solar assets: Financial modeling
Production modeling, asset availability, capital costs, tariff risks, and degradation uncertainty are reviewed in a report from kWh Analytics.
EV charger market to double in five years
Wood Mackenzie’s annual U.S. distributed energy resource outlook expects the market to nearly double by 2027, with 262 GW of new DER and demand flexibility capacity forecast.
Sunrise brief: U.S. solar market expected to triple in size in five years
Also on the rise: BMW electric vehicle battery supplier breaks ground on 30 GWh factory. Solar development found to not impact biodiversity. And more.
