pv magazine USA – Solar Energy Markets and Technology
Dec 16, 2024 · The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
U.S. solar industry on track to install 250 GW in five years
Sep 24, 2024 · The U.S. solar industry installed 9.4 GW of new electric generation capacity in Q2 2024, thanks to strong clean energy policy, according to the U.S. Solar Market Insight Q3 2024 report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. In August 2022 when President Joe Biden signed the Inflation Reduction Act (IRA) into law, it was the largest climate and energy spending ...
Up to 25 MW of solar will benefit ordinary customers of …
Nov 18, 2024 · Energy justice advocates in southeast Pennsylvania achieved “an important milestone” by securing an order from state regulators that requires the regional utility PECO to secure up to 25 MW of solar capacity through one or more power purchase agreements, said the citizens’ group Power Interfaith.
Battery prices collapsing, grid-tied energy storage expanding
Mar 6, 2024 · From July 2023 through summer 2024, battery cell pricing is expected to plummet by over 60% (and potentially more) due to a surge in EV adoption and grid expansion in China and the U.S.
Bankrupt solar installer Lumio acquired by Zeo Energy Corp.
Nov 8, 2024 · Florida-based residential solar and energy efficiency installer Zeo Energy has acquired Lumio Holdings, Inc. On September 3, 2024, residential solar installer Lumio filed for Chapter 11 bankruptcy.The sale of Lumio to Zeo Energy closed on November 1, 2024.
Are California’s electricity prices rising because customers are ...
Nov 8, 2024 · Electricity rates are rising in California. Utilities say rooftop solar is to blame. Grid expert and economist-at-large Ahmad Faruqui comments.
Solar ignites U.S. manufacturing – pv magazine USA
Nov 7, 2024 · The U.S. government has set a target of a 50% reduction in greenhouse gas emissions by 2030. A recent report by ACORE and Clean Energy Associates (CEA) says that many recent models suggest that we’ll need 500 GW of cumulative PV installations by 2030 to achieve that goal.
Fifteen states shine with 50%+ solar growth in a year
Nov 26, 2024 · Solar power electricity generation in the U.S. increased 17.5% in 2023 compared to 2022, accounting for 5.5% of all electricity.The momentum has continued in 2024, with solar up 22.5% year-over-year as of September, reaching 6.63% of all electricity over the past twelve months. Within this national growth, 15 states saw their solar generation increase by more than 50%, with many of these ...
Enbridge breaks ground on 815 MW Sequoia Solar project in Texas
Nov 18, 2024 · The 815 MW Sequoia Solar project located about 150 miles west of Dallas, Texas is shaping up as one of the largest photovoltaic power facilities in North America.
Midwest coal mines to be reborn as solar fields in major partnership
Nov 26, 2024 · A renewable energy developer and major coal company announced a partnership for 5.5 GW solar development plan, enough to power over 850,000 homes.