The 33% increase in Q1 2018 generation is more than the 25% year-over-year increase in capacity, suggesting that solar projects are generating more electricity per watt of installed capacity.
GTM Research projects US$24 cent/w solar panels and utility scale fixed-tilt systems at US$70 cent/W by 2022, which opens up new possibilities for ultra-cheap power from solar.
Solartech Universal plans to expand its current 80 MW/year capacity by 180 MW/year. The company is seeking a facility in South Florida.
A much heralded report shows solar and wind will lower wholesale prices, but it also shows a coming evolution in the pricing profile of the grid. These shifts in timing, shape, regularity and length will drive energy storage demand.
A group of eight Republican senators has sent a letter to the U.S. Trade Representative and other federal agencies calling for utility-scale solar panels to be exempt from the Section 201 tariffs.
The US residential solar power company continues its focus on higher profits, hinting at strong growth potential in coming quarters as sales teams settle into their new pipelines.
The California Energy Commission is expected to approve the 2019 Building Energy Code that calls for solar PV on all new homes. The goal is net zero residential energy usage.
The thin film solar maker is also reviving its EPC division with a goal to build 1 GW of solar projects each year, as well as increasing its presence in O&M services.
The 1.2 GW factory will employ 500 workers. The new facility is expected to bring First Solar’s total capacity to 7.6 GW by the end of 2020.
OhmHome estimates 72,996 residential solar power installations in the first quarter of 2018, with California and Massachusetts growing 14% and 9%, respectively.
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