Several hundred megawatts of additional solar projects are set for completion in North and South Carolina in the next two years thanks to the resolution of a range of interconnection disputes.
Solar start-up Terabase Energy has closed a US$6 million Series A financing round, unveiling an aim to help drive down solar generation costs to below US$0.01/kWh by 2025.
US large-scale solar deployment stayed resilient throughout a pandemic-stricken Q2, but rooftop solar installs collapsed by nearly one-quarter as shelter-in-place orders dented activity.
German renewables developer BayWa r.e. has bought US-based solar and energy storage solutions provider Enable Energy, taking its pipeline of solar and wind projects in the Americas to more than 5GW.
The US should aim for 100GW of annual domestic renewable energy manufacturing capacity by the end of the decade, with a focus on solar, wind and energy storage, the Solar Energy Industries Association (SEIA) has said in a new report.
Coming out of stealth-mode, US-based integrated PV panel manufacturing start-up, Violet Power intends to disrupt the PV industry with in-house production of high-efficiency IBC (Interdigitated Back Contact) solar cells. The company will use cell-to-module ‘flex circuit’ and thermal plastic encapsulant technology in a glass/glass configuration that will have a solar panel warranty of 50 years, more than three times the average in the industry, today.
Solar will dominate the power generation alongside wind in the coming decades as electrification rapidly escalates, but the energy transition is occurring “nowhere near fast enough” to deliver change compliant with the Paris Agreement.
PV inverter manufacturer Ginlong Solis has set new quarterly and half-year revenue figures as the company continues to expand its global footprint and string inverter product portfolio.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, after financial figures suffered in the first quarter, due to the impact of COVID-19 on both its PV project and EPC business and demand for PV inverters in China.
Duke Energy Progress’ Integrated Resource Plan, published earlier this week, details how the US utility could turn to as much as 16GW of solar to meet surging any demand and replace retiring coal fleets.