Avangrid – the US subsidiary of Spanish utility Iberdrola – has signed a power purchase agreement (PPA) with social media giant Meta for power produced at its True North solar PV project in Falls County, Texas.
Solar and wind installations in the US could account for between 40% and 62% of total electricity generation by 2030, according to a report from the National Renewable Energy Laboratory (NREL).
PV manufacturer Hounen Solar has announced plans for its first US solar module manufacturing facility in South Carolina, a 1GW factory representing US$33 million in investment.
Solar PV manufacturer QCells has announced that Dr. Danielle Merfield will join the company as its new global chief technology officer, with a view to accelerating its US technological advances.
US independent power producer (IPP) Navisun has secured financing of up to US$235 million through two debt facilities, which it says will contribute to its growth strategy and executing its project pipeline.
The combined effects of the ongoing anti-dumping and countervailing duty (AD/CVD) tariff investigation and the Uyghur Forced Labor Prevention Act (UFLPA) curbed US solar deployments in 2022, according to a joint report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.
A provision under the US Inflation Reduction Act allowing for federal tax credit transfers for solar projects is creating whole new market, giving developers flexibility to sell such credits to third parties to capture maximum value or reduce risk, says a legal and commercial advisor.
