A proposed extension of the US solar investment tax credit (ITC) could increase PV deployment by more than 40% over the next decade, analysis by Wood Mackenzie has found.
US clean energy and climate change measures would receive US$555 billion of investments under a proposed economic framework unveiled by President Joe Biden yesterday (28 October).
The performance of US solar assets against P50 estimates worsened over the last decade, new analysis has shown, prompting calls for the use of real-world data-driven benchmarks when financing new projects.
A round-up of the latest news from the US solar market, including a new Lightsource bp project in Colorado, CenterPoint’s PV expansion in Indiana and another solar power purchase agreement (PPA) from Facebook.
US residential solar installer Sunnova is broadening its service offering in areas such as battery storage and electric vehicle charging as it bids to double its customer count over the next two years.
Microinverter supplier Enphase Energy reported record quarterly revenue in Q3 2021 but stressed the importance of price increases to help offset price volatility in its supply chain.
Trade body the Solar Energy Industries Association (SEIA) has urged the US Department of Commerce (DOC) to throw out petitions from an alliance of companies that are pushing for investigations into alleged circumvention of antidumping and countervailing duties (AD/CVD) on solar PV cells from China.
The clean energy business of US utility NextEra Energy had a record quarter of origination success in Q3, adding approximately 2,160MW to its backlog, including 515MW of new solar projects.