Another anti-circumvention case filed in the US against Southeast Asian countries, said ROTH
Auxin Solar filed the anti-circumvention petition against Vietnam, Malaysia, Thailand, and Cambodia, said an industry note from Philip Shen, managing director at ROTH Capital Partners.
US zero-carbon future would require 6TWh of energy storage
US researchers suggest that by 2050, when 94% of electricity comes from renewable sources, approximately 930GW of energy storage power and six and a half hours of capacity will be needed to fully cover demand for electricity in the United States.
PV set to be largest source of new US generating capacity in 2022
About 46% of all new generating capacity in the United States is expected to be PV this year, giving it the largest share of the new US generation mix.
New Yorkers fund 4 GW of solar for less than a cup of coffee per month
The New York Governor’s Office has submitted its financial proposal for 4 GW of distributed solar capacity by the year 2030, at an expected cost of $0.00082/kW.
US developers added nearly 10 GW of utility-scale PV in first 10 months of 2021
US solar developers built almost 10 GW of new utility-scale solar in the United States in the first 10 months of last year, which is a record for that time frame.
Three strategic M&A transactions announced in the US
Through three different transactions, AES acquired Community Energy Solar, Stem Inc bought AlsoEnergy, and Enphase took over 365 Pronto.
California to require solar power and batteries in commercial structures
The state has updated its Build Energy Efficiency Standards to include requirements for solar plus storage on all commercial and multifamily homes, while also requiring that all new residential construction – which already requires solar – to be energy storage ready.
US manufacture of solar modules, trackers, inverters incentivized in Build Back Better
In a draft of the Build Back Better infrastructure plan released by the Senate Finance Committee, domestic manufacturing of solar PV and balance-of-system components would qualify for incentives.
Solar takes 25% with one hand, gives 31% with the other
WoodMac Renewables & Power lowered their 2022 US solar capacity projection by 7.4 GW, to 22.2 GW, on supply chain pricing challenges. However, they project the Build Back Better bill could add 44 GW of capacity through 2026.
Amazon procures more than 1 GW of U.S. solar projects
Amazon has announced 5.6 GW of solar throughout the world. The first U.S. projects are planned for Arizona and Georgia.
