A round-up of the latest news from the US solar market, as Duke Energy unveils what it has described as “next generation net metering” in South Carolina and more details emerge of Sunpower spin-off Maxeon’s top table.
Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.
Major integrated PV module manufacturer, Suntech has started ramping up a 1GW integrated cell and module assembly plant in Indonesia, predominantly to serve the US market that takes its nameplate module assembly capacity above 10GW.
The solar supply chain will have to markedly adapt and change current solar shipping practices and overhaul utility-scale solar design models to accommodate next generation panels, industry stakeholders have said.
Aided by falling production costs and policies encouraging a shift to green energy, renewables’ share of the global energy mix could soar from 5% in 2018 to almost 60% by 2050, BP has said in its latest energy outlook.