us solar

As distributed energy resources such as residential solar rooftop increase in the next decade, its use for virtual power plants could save US utilities up to US$35 billion, according to a study from consultancy The Brattle Group.

US solar developer Swift Current Energy has closed financing on a 266MW solar PV project in Southeast Texas.

Jinko Solar has posted an improved financial result for the first quarter of 2023, as its net income attributable to ordinary shareholders increased by 18.6% quarter-on-quarter.

Indiana-based electric company CenterPoint Energy will switch to solar and wind to generate 80% of electricity by 2030.

US-based solar tracker company Nevados has partnered with independent power producer (IPP) Energix Renewables to supply trackers, that can be used on challenging slopes, in three solar power plants.

US utility-scale solar power company OCI Solar Power has sold a 110MWac PV project in Texas to Japanese conglomerate Mitsui USA.

Its deployed solar was up from 48MW in Q1 2022, but solar deployments dropped sequentially in Q1 2023 mainly due to volatile weather.

US residential solar installer Sunnova has secured a conditional commitment from the US Department of Energy which will offer up to US$3 billion in a partial loan guarantee.

The cumulative capacity of installed and commissioned PV increased by more than 25% last year, and reached about 1.2TW by the end of 2022.

Ascent Solar can use the new European presence to provide in-region support for EU driven net zero initiatives after the acquisition.