us utility-scale solar

Solar module supplier Maxeon Solar Technologies’ has forecast to register positive adjusted EBITDA in the first quarter of 2023.

PV has outpaced wind as the preferred choice for corporate buyers in the US, with utility-scale solar accounting for 58% of the total contracted clean power to date, according to trade body the American Clean Power Association (ACP).

Fund manager Glennmont Partners has entered the US market through a joint venture (JV) with solar developer GreenGo Energy to develop 1GW of solar and storage capacity.

The US installed 4.6GW of solar capacity during Q3 2022, a 17% decrease from the same period last year, as trade barriers continue to hamper deployment, according to research from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

Tracker manufacturer Ideematec has signed a tracker supply agreement with utility-scale developer Solar Proponent for some of its solar projects in Texas, the US.

Module manufacturer Boviet Solar has secured an 861MW supply agreement with US renewables developer Vesper Energy.

The UFLPA could limit solar deployment through 2023 due to module availability constraints, delaying the benefits of the IRA to 2024 and beyond.

Module manufacturer Boviet Solar and US solar developer Origis Energy have increased their module supply agreement to more than 1.1GW.

DESRI has signed a long-term power purchase agreement (PPA) with public utility Cleco Power for a 240MW PV project in Louisiana.

Maxeon Solar Technologies exceeded both its volume and revenue guidance in Q2 2022 thanks to the strong performance of its distributed generation (DG) business in the EU and its utility-scale projects in the US.