Americas

Module manufacturer Trina Solar has sold around 1GW of solar PV projects to a newly-launched asset management vehicle, dubbed Matrix Renewables.

A round-up of recent developments in the US solar market, including news of Vivint Solar sealing US$300 million of tax equity commitments and Bank of America signing a solar PPA in Texas.

PV Tech continues to chart the global solar industry’s response to the COVID-19 pandemic, this edition featuring news that the pandemic is driving down PV system costs.

Arizona utility Tucson Electric Power (TEP) has set out plans to provide 70% of its power from solar and wind by 2035, backed up with investment in new energy storage capacity.

Microinverter manufacturer Enphase and module producer Q CELLS are to join forces to develop an AC module (ACM) aimed at the US residential solar market.

Additions have been made to support action on climate change through federal tax incentives in the proposed Congress bill to invest US$1.5 trillion in infrastructure across the US.

The Trump administration has stifled solar and other renewables development on public lands in the US, achieving less than the Obama administration and hindering the country’s renewable energy transition.

Financial services giant Wells Fargo has turned to Shell Energy to procure around 150,000MWh of solar power under new power purchase agreements.

Amazon’s multi-billion-dollar Climate Pledge Fund will help support low carbon technologies including those in energy generation and storage.

Adding energy storage can boost solar PV project revenues by as much as 50% in the US state of Massachusetts, US developer Stem Inc has claimed.