Americas

2022 saw the solar PV market enter a ‘new growth dimension’, where 239GW of solar capacity was added across the world representing two thirds of all new renewables capacity.

A new report into the US renewables sector has found that solar projects able to cut the cost of producing electricity by up to 60%.

The University of Arkansas has announced a 25-year “solar service agreement” with Entegrity to supply a research facility with solar power.

A newly-created, equipment-supplier-led PV consortium could be vital for the future of domestic US solar manufacturing.

Energy company AES Andes has acquired a 146MW solar PV plant in Chile from EDF EN Chile and Marubeni Corporation.

The New Mexico Public Regulatory Commission has approved the offtake contracts for DE Shaw Renewables Investment's Carne solar facility.

All developers active in the US market will increase their renewable energy development, while over 60% will participate in domestic clean energy manufacturing buildout.

Solar and storage investor CleanCapital has secured a US$500 million investment from Manulife, a global financial services group. This followed a US$300 million initial cash injection from Manulife in 2021.

The US solar industry had the most growth of any quarter in its history in Q1 2023, as delayed projects from 2022 came online and supply chain constraints showed signs of loosening.

Ohio House has introduced a solar bill that will accelerate the growth of community solar development under a state-wide pilot programme.