NovaSource co-founder discusses creating a data-led solution to draw asset owners away from in-house O&M, as well as how the firm will use its new capital from OMERS.
Qcells has announced plans for a fully integrated US solar manufacturing supply chain, aiming to manufacture solar ingots and wafers in the country as well as expand its module supply capacity.
In early December, the Dutch government announced a €130/MWh revenue cap on solar and wind generation. The decision to lower the cap draws eyes, and potentially spells trouble for the country that installed Europe’s fourth largest solar capacity in 2022.
Solar energy accounted for over 5% of the total electricity generation in the US in the first 10 months of 2022 as solar output increased 26.23% year-to-date (YTD), according to data released by the US Energy Information Administration.
The EU installed 47% more solar in 2022 than last year and is on track to double its capacity by 2026 to an expected 484GW, according to a report by industry association SolarPower Europe.
Petrochemical company INEOS Olefins & Polymers USA has signed a power purchase agreement (PPA) with a subsidiary of NextEra Energy for a 310MW solar project in north central Texas.
Fund manager Glennmont Partners has entered the US market through a joint venture (JV) with solar developer GreenGo Energy to develop 1GW of solar and storage capacity.
The US installed 4.6GW of solar capacity during Q3 2022, a 17% decrease from the same period last year, as trade barriers continue to hamper deployment, according to research from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.
Demand is soaring in the US for residential solar and storage, driven by a desire for energy resilience and sustainability, but traditional utilities are hampering progress.
The Q4 2022 edition of our downstream solar journal, PV Tech Power, is now available to download, including comprehensive coverage of efforts to diversify the supply chain.