A total of 4.7GW of utility-scale solar capacity was installed in Q4 2022 in the US, but the difficulties in sourcing modules caused a delay in installations, according to industry body the American Clean Power Association.
Texas utility CPS Energy has reached agreements to purchase an additional 100MW of solar and 50MW of energy storage capacity for its FlexPOWER Bundle initiative.
Public institutions and private companies bought a record number of renewable energy last year, according to BloombergNEF’s (BNEF) 1H 2023 Corporate Energy Market Outlook.
More power purchase agreements (PPA) were signed last year, although contracted PPA volumes dropped by more than 20%, according to the European PPA Market Outlook 2023 conducted by Pexapark.