Silicon Valley Bank financed 62% of US community solar
US Federal Deposit Insurance Corp. (FDIC) closed down Silicon Valley Bank last week after its share price plunged due to ongoing bond-market losses, triggering $42 billion of withdrawals.
US solar developers take on module manufacturing risks
Multiple deals over the last six months have shown that solar panel manufacturers are using long-term solar module supply agreements with developers to drive factory finance.
US developers actively building 25 GW of solar
With 25 GW of solar now under development, on top of 107 GW of existing capacity on the US grid, the energy transition is in full swing.
Community solar up, net metering down in US this year
Five US states will introduce community solar programs in 2023. Net metering continues to be challenged, but flexible financing may offer a competitive edge, says Wood Mackenzie.
US renewable PPA price increases cool off as material costs fall
Edison Energy says in a new report that prices increased more moderately in the fourth quarter of 2022, compared to the steep price hikes seen since 2021.
Falling costs, 15 GW of US solar module production, TOPCon trends
A recent Wood Mackenzie report looks at trends and challenges in the burgeoning US solar market, including manufacturing stimulated by the US Inflation Reduction Act.
US startup begins producing 40%-efficient thermophotovoltaic cells
Antora Energy says its new 2 MW factory will make thermophotovoltaic cells for thermal storage applications. The cells are based on III-V semiconductors and reportedly have a heat-to-electricity conversion efficiency of more than 40%.
US to add 63 GW of PV by end 2024
Solar and wind generation are expected to reach 16% of the US grid’s supply this year, doubling the 2018 total, said the US Energy Information Administration (EIA). By 2024, renewables will account for more than one-quarter of electricity generation in the United States.
Wood Mackenzie sees $114 billion in US renewables investments by 2031
The advanced manufacturing production (AMPC) credit and domestic content requirement (DCR) will be key to supporting the rapid development of the US renewable energy economy, says Wood Mackenzie.
Ørsted begins work on 471 MW US solar project
Ørsted’s new solar plant, which is expected to begin construction later this month, ranks within the top 10 largest PV projects in the United States.
