While collecting verified bottom-up project data in real time has previously been cost-prohibitive, satellite data can now be leveraged to make comprehensive market intelligence attainable for investors. Daniel Cruise and Joseph Triepke, partners at energy intelligence firm Lium Research, reveal how satellites can provide more reliable insights into the construction of US utility-scale solar projects.
The recent swathe of announcements from US policymakers – coupled with growing geopolitical unrest regarding Chinese manufacturing dominance and the role of solar PV from an energy security standpoint – has the potential to redefine PV technology, manufacturing and component supply chains in a way that the industry has never seen before, writes Finlay Colville, head of research at PV Tech.
Microinverter supplier Enphase Energy plans to add a quarterly capacity of 4.5 million microinverters in 2023 and reach ten million by the end of the year.
Property insurance for a solar project, having been an easy “check the box” issue 10 years ago, is fast becoming a top credit item for securing financing from banks, according to the head of a data analytics and insurtech firm.
Israeli renewable energy platform Enlight Renewable Energy has announced its intent to raise about US$293 million in an IPO of 14 million ordinary shares on the Nasdaq Stock Market.
In the six months since the Inflation Reduction Act (IRA) passed into law, the US has seen over 100,000 new clean energy jobs created across 31 states as companies begin to capitalise on the incentives and security that the bill offers.
Solar power will dominate new electric-generating capacity additions in the US this year, according to the Energy Information Administration's (EIA) Preliminary Monthly Electric Generator Inventory.