US policymakers should explore the possibility of scrapping the investment tax credit (ITC) for solar PV and instead offer fiscal support for battery storage systems, an energy finance executive has said.
AES Corporation is to merge its US-facing clean energy development business with independent power producer sPower, creating a platform with a 12GW project pipeline in the country.
A US development pipeline consisting of 3GW solar and 2.5GWh of energy storage has changed hands as asset manager Magnetar Capital acquires the renewable energy business of Lendlease.
A round-up of the latest news from the US PV sector, as BlackRock acquires Distributed Solar Development, Cypress Creek closes US$200m of financing and Vanderbilt University moves towards 100% renewables.
Solar developer Lightsource bp has once again turned to Array Technologies for its solar tracker procurement, purchasing 1.4GW worth of the supplier’s DuraTrack HZ v3 single-axis trackers.
Solar tracker manufacturer Array Technologies said it beat expectations during Q3 despite a slide in year-on-year revenue associated with shifting purchase patterns.
US residential solar leader Sunrun has posted a 40% surge in installs in Q3 2020, noting that the productivity of its sales force has surged throughout the pandemic.
A round-up of the latest news from the US solar sector, as NextEra Energy Partners builds its green energy portfolio, AEP Energy Partners seeks PPAs and stocks drop in the wake of election results.
