A round-up of the latest news from the US solar market, featuring Vision Solar’s commitment to hire “hundreds” of sales staff as part of a two-state expansion, Recurrent Energy’s sale of two major assets in Texas and news of 8minute Solar Energy strengthening its legal team.
Tesla reported retrofit solar installations of 85MW in Q2 2021, cementing its recovery from a worst-ever performance in the corresponding period last year.
If current trends continue, renewable energy will provide roughly one-third of US electricity to the grid by 2030, although this could reach half if deployment increases
US-based solar manufacturers have enthusiastically backed proposed tax credits that they say could enable the country to meet its PV equipment demands domestically while creating tens of thousands of new jobs.
Senator Jon Ossoff has introduced legislation that would establish a tax credit for US-based solar manufacturers to help them better compete with Chinese rivals.
Solar module manufacturer and developer Canadian Solar has launched a US$150 million fundraise to support its growth strategy and build out a substantial battery energy storage business.
Solar electricity output in the US outpaced all other renewables and grew by nearly a quarter (24.3%) in the first three months of 2021 compared to last year, new data from the country’s Energy Information Administration (EIA) has shown
The US has retained its title as the top market for clean energy investments in audit firm EY’s biannual Renewable Energy Country Attractiveness Index (RECAI), but India, the UK and France are catching up.