Americas

The California Public Utilities Commission (CPUC) has decided to indefinitely delay its decision on controversial changes to the state’s net metering laws, according to reports and a Solar Energy Industries Association (SEIA) statement.

Nextracker is to be spun out from parent company Flex after it secured a US$500 million equity sale, valuing the business at around US$3 billion.

A round-up of the latest news from the US solar market, featuring the completion of a 250MW plant in California, an EPC deal for Black & Veatch in Texas and a new PPA from DESRI.

PV manufacturer Maxeon Solar Technologies has revealed its SunPower Maxeon range of interdigitated back contact (IBC) modules are to be sold with an extended 40-year warranty.

US utility Georgia Power has set out plans to procure up to 6GW of new renewable power by 2035, almost doubling its existing capacity.

US solar developer Sol Systems has acquired a 540MW portfolio of PV plants in Illinois from renewable asset manager Arevon Energy.

Indiana Michigan Power (I&M) has submitted an Integrated Resource Plan to add more than 2GW of solar and wind by 2028 to the Indiana Utility Regulatory Commission (IURC).

Energy storage software and services firm Stem, Inc said its acquisition of PV asset management company AlsoEnergy will allow it to “unlock significant value” within renewable energy after the transaction completed.

California’s energy transition will need 53GW of solar PV by 2045, with the state’s transmission system requiring a US$30.5 billion investment alongside major increases in energy storage to accommodate the extra power.  

Canada-headquartered solar manufacturer Heliene will supply up to 250MW of its modules to commercial and industrial (C&I) PV developer Altus Power as part of a new strategic partnership between the companies.