Vistra Energy has welcomed the enactment of clean energy policies in Illinois which the power generation company said will support 300MW of solar and 150MW of battery storage to be built at nine of its coal plant sites.
As much as 191GW of new solar PV is expected to be installed this year – up by a third on last year’s deployment figure – despite polysilicon and module prices remaining high into 2022, BloombergNEF has said.
Energy engineering firm Babcock & Wilcox is to enter the US solar market through the acquisition of a majority stake in Illinois-based solar contractor Fosler Construction.
North American module manufacturer Silfab Solar has received an investment led by private equity firm ARC Financial Corp to help scale up its US PV production footprint.
Spencer Jansen, head of new technology solutions at developers Hive Energy and Ethical Power, assesses how the introduction of large-format solar modules has had repercussions throughout the solar design and procurement process.
US tracker manufacturer FTC Solar will replace its CEO Tony Etnyre after two-and-a-half years in the role with ex-SunEdison and semiconductor firm senior exec Sean Hunkler.
German multinational insurer Munich Re has acquired a 50% stake in two EDF renewable energy projects in California through its global asset management firm MEAG
The Senate of Illinois has passed legislation that will commit the US state to reaching 50% renewables by 2040 and 100% carbon-free electricity by 2045.
The US House Energy and Commerce Committee has included a US$150 billion Clean Energy Performance Programme (CEPP) as part of its US$3.5 trillion budget reconciliation package that would see power companies penalised or supported for the amount of renewable energy they produce.
