US residential solar installer Sunnova lost US$20.9 million in Q4 2022, while its net loss attributable to shareholders in 2022 amounted to US$161.6 million last year, according to its latest financial results announcement.
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.
PV solutions provider SPI Energy’s wholly owned subsidiary, Solar 4 America (S4A), has begun manufacturing M10 (182mm) modules in the new production line at its facility in Sacramento, California.
US independent power producer (IPP) Silicon Ranch has conducted a US$600 million equity raise, bringing its total funds raised in 2022 to over US$1 billion.
Solar energy accounted for over 5% of the total electricity generation in the US in the first 10 months of 2022 as solar output increased 26.23% year-to-date (YTD), according to data released by the US Energy Information Administration.
As 2022 comes to an end, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. In today’s review, we look back on the industry’s third quarter, which saw the US sign the Inflation Reduction Act.
The US Department of Commerce (DOC) has clarified its position on the anti-circumvention solar investigation, saying it would allow the import of modules manufactured in third countries using Southeast Asian-made cells.
