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Bipartisan push throws legislative lifeline to solar as hundreds of mayors from all US states sign pledge to make PV a core part of cities’ energy future.

Ongoing cost and efficiency improvements will offset any damage done by the potential closure of the ITC, says NextEra Energy Partners.

A new report from the Solar Energy Industries Association (SEIA) speaks volumes about the level of commitment that corporate giants have made to embrace PV energy both in the present and especially moving forward.

Series of consultations begin today with the goal of delivering "comprehensive legislation" with solar and other renewables powering a clean US economy.

Firm bags US$204.5m from five banks as it acquires solar scheme in Nolan County, set to become its largest renewable venture once live.

Without the ITC solar will generate 12% of US electricity in 2030 instead of 16%, according to the SEIA.

The partnership will allow the regional developer to deploy 100MW of distributed solar annually in the US and expand its reach beyond the south-eastern US.

BlackRock took an 80% stake in the new company, Distributed Solar Development, in an undisclosed deal. The new business will design, build, own and operate distributed solar and storage solutions for industrial, commercial and public-service customers.

Close to 1,000 companies from across the US solar industry supply chain sent a letter to Congress this week calling for the extension of the Section 48 and Section 25D solar investment tax credits (ITC).

The project, financed by US Bank, HSBC, Rabobank and Nord/LB is expected to become operational mid-2020.