The US renewables industry must double down on efforts to overcome energy storage financing issues so the technology can help supplement the country’s PV ramp up, it was suggested at a Solar & Storage Finance USA event.
US policymakers should explore the possibility of scrapping the investment tax credit (ITC) for solar PV and instead offer fiscal support for battery storage systems, an energy finance executive has said.
While the ongoing COVID-19 pandemic may have initiated something of a freeze on new solar financing deals in the US, significant interest in M&A remains and the incoming Biden administration could ease the logjam.
Greater digitisation will be a pivotal enabler for the utility-scale solar sector as it looks to deploy hundreds of gigawatts each year, Lightsource bp group COO Ann Davies has said.
PV Tech’s live coverage of the 2020 US Election continues, as President-Elect Biden shapes his transition team and the US solar industry issues its wants from a Biden Administration.
The Trump Administration in the US has set in motion plans to repeal the exemption for bifacial panels within Section 201 trade tariffs, while also increasing the proposed tariff from 15% to 18% from next year.
A round-up of the latest stories from the US solar market, featuring news of D. E. Shaw breaking ground on Louisiana’s largest under-construction solar farm and a double hire from Sunpower to bolster its ESG and diversity credentials.
With federal support for renewables having been depleted in recent years, utilities in the US have taken a leading role in the deployment of solar and energy storage. Jules Scully examines how integrated resource plans are driving solar deployment.
