The record-setting quarter was driven by nearly 2 GW of utility-scale solar, supplemented by another 1.6 GW of residential capacity. And while the pandemic will slow the industry in 2020, five-year projections are strong, especially for Texas.
Can this technology be commercialized? A partnership between Siemens Energy and EnergyNest to develop thermal storage solutions together is the latest development in an industry with lots of potential, but little practical application thus far.
New research from Wood Mackenzie shows that overall system costs for installations using mono PERC modules are set to fall by as much as 20% by 2025.
Manufacturers shipped about 2.05 GW of PV modules in March, before plummeting to 1.24 GW in April. But while shipments slowed, the cost per watt peak reached a record low.
16 project winners totaling 460 MW in capacity have been chosen by Hawaiian Electric Company to fill its most ambitious renewable procurement yet. The move will bring jobs to one of the areas hardest-hit by virus-related unemployment.
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