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.
The largest climate package in US history promises to turbocharge the country’s solar sector, but considerable uncertainty remains around the impact the Inflation Reduction Act will have and how it will be enforced by authorities, writes Sean Rai-Roche.
Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital has closed investment in 1.3GW worth of solar and wind assets to be developed and operated by utility AES. The financing is spread across two programmatic investments of undisclosed value.
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 looking back on the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. Following Q1, Q2 and Q3, today’s review details domestic manufacturing plans and supply chain turbulence.
EQT Infrastructure, a global investment group, has agreed to acquire US distributed solar developer Madison Energy Investments (MEI) from affiliates of Stonepeak Partners.
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.
The head of Enel’s 3Sun Gigafactory says the company is in advanced discussions over ventures further upstream than solar cells to make a robust supply chain in the US and explains the advantages of bifacial HJT and tandem technology to be produced at its planned US manufacturing facility.
