Solar plants in the US produced 21.7% more electricity in January this year than they did in 2020, accounting for 2.4% of the country’s entire electricity mix.
Independent power producer (IPP) Soltage and investment manager Harrison Street have formed a partnership to invest US$250 million in the former’s solar and energy storage project development pipeline.
US solar company Distributed Solar Development (DSD) has secured construction finance worth US$150 million from Rabobank to support its commercial and industrial (C&I) development pipeline.
The US will need “hundreds of gigawatts” of carbon-free energy installed within the next four years to meet its climate targets, new Energy secretary Jennifer Granholm has said.
The Biden administration has supported former US President Donald Trump’s controversial decision to remove a tariff exemption for bifacial solar panel imports.
Dozens of chief executives in the renewable energy sector have demanded that US President Joe Biden repeal the tariff hike Donald Trump’s Administration placed on solar panel imports last year.
