A round-up of the latest news from the US solar market, including Bridgelink Power receiving a US$200 million loan to finance its utility-scale solar projects, Vistra’s 50MW Texas plant is online and Castillo Engineering to develop 38.25MW community solar projects in New York.
Solar developer ReneSola Power more than doubled its project pipeline in 2021 and expects to maintain growth this year amid increasing demand for renewables generation as European markets look to achieve more energy independence.
New York now has more than 1GW of community solar installed, becoming the leading US state for community solar, according to New York governor Kathy Hochul.
Following the formation earlier this year of community solar developer and operator Reactivate, PV Tech Premium talks with the business’s head of EPC, Utopia Hill, about its strategy of partnering with smaller contractors and the challenges it could face as it bids to reach 3GW of installed capacity.
US solar deployment reached a record high in 2021, but with volatile commodity prices and supply chain uncertainty leading to project delays and cancellations, utility-scale additions are set to contract this year.
Solar Energy Industries Association (SEIA) has released a new guide on community solar siting processes that provides a framework for developers and state regulators to consult and stresses the need for greater deployment throughout the US.
Community solar deployment in the US is set to be boosted by support programmes and clean energy commitments from state governments, according to Wood Mackenzie, which has increased its install projections in spite of interconnection challenges facing the segment.
Solar developer Invenergy has partnered with US-based investment platform Lafayette Square to form a joint venture (JV) that will develop and operate PV plants primarily serving low- to moderate-income (LMI) communities and areas disproportionately affected by the clean energy transition.
The US solar sector is set to post record deployment figures this year, but ongoing supply chain constraints, logistical challenges and price increases are expected to dent additions in 2022, a new report has said.