The US Department of the Treasury has received about 8 GW of proposals for new solar and wind projects, while about 1.8 GW are available for 2023 tax credits.
A number of Australian critical mineral producers will likely be ineligible for US Inflation Reduction Act (IRA) subsidies, as the US government has published draft rules forbidding access to enterprises with stakes held by Chinese investors.
IEEFA and JMK Research say that Indian solar module manufacturers will continue to sell products in the US market until July 2024. However, exports could stagnate in 2025 and decline from 2027 due to domestic capacity development under the US Inflation Reduction Act (IRA).
Curtailment of power output increases when solar generation surpasses transmission capacity.
Following a suppressed 2022, US community solar is expected to have an upward trajectory, boosted by new state laws, the implementation of billions in grant money from the Inflation Reduction Act, and the smoothing of bumps in the supply chain.
NextEra, the leading clean energy developer in the United States, has deployed nearly 1.9 GW (AC) of solar, wind and storage over the past quarter, expanding its project backlog to nearly 20 GW. It has also secured interconnection queue positions for 145 GW of its projects.
California-based SEG Solar says its new panels have a temperature coefficient of -0.30% per degree Celsius. They come with a 30-year power output guarantee for 87.4% of the initial yield.
Funding from the US government’s “Investing in America” agenda is intended to support silicon component manufacturing and the development of dual-use PV technologies.
U.S.-based Rondo Energy will operate the world’s largest battery factory in Thailand, two and a half times the size of Tesla’s Gigafactory.
Virtual power plants (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.
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