The world’s top 10 solar inverter providers accounted for 86% market share in 2022, a year where the market saw a 48% increase in size year-on-year (YoY).
The cumulative community solar capacity in the US will reach 14GW by 2028, according to Wood Mackenzie and and the Coalition for Community Solar Access.
The IRS’ guidance on the domestic content tax bonus for solar projects under the IRA “makes it difficult for developers to attempt to access the 10% bonus ITC”, according to Martin Pochtaruk, president of North American solar PV manufacturer Heliene.
Climate insurance provider kWh Analytics has published a report detailing the three types of risk that solar developers could face, including extreme weather, financial modelling and operations.
The US solar industry had the most growth of any quarter in its history in Q1 2023, as delayed projects from 2022 came online and supply chain constraints showed signs of loosening.
Combining solar plants with agriculture is becoming more prevalent in markets globally, increasing the availability of sites for new PV projects while reducing land-use conflicts. Will Norman details how the industry can take advantage of agrivoltaic opportunities while navigating construction, operation and maintenance challenges.
