Southeast US utility Duke Energy has sold its distributed commercial generation portfolio – including solar PV developer REC Solar and all of its assets – to investment firm ArcLight Capital Partners. Financial details of the transaction were not disclosed.
2023 is on track to be a “record year” for solar PV installations in the US; through August, 8.4GW of utility-scale solar was installed, 50% more than the equivalent point in 2022. In those deployments, some trends have emerged.
While still at a relatively early stage in its development, the US floating PV market is a key one for Sungrow FPV. PV Tech sat down with VP Lei Wang to gain his insights into the US and, more broadly, the global market.