Solar

Whether you’re a longtime solar panel maker or just embarking on a business plan, it’s easy to overlook some key business considerations. Perhaps you need to design a new warehouse and develop support

U.S. solar installations saw a banner year in 2023. According to the Solar Energy Industries Association (SEIA), new installs set multiple records, exceeding 30 GWdc of capacity and comprising more than half of the nation’s new generating capacity for the first time. Many cheer this renewable growth; others, whether wary of change or wedded to […]

Masdar, the Abu Dhabi-based renewable energy major, said it has agreed to buy Greece’s Terna Energy in a €3.2 billion ($3.4 billion) deal. The agreement signed June 20 is one of the largest renewable energy transactions in the history of the European Union. Masdar—also known as Abu Dhabi Future Energy Co.—said Thursday it had a […]

A leading solar energy equipment provider announced construction of a new factory that will expand its U.S. operations. California-based Nextracker on June 18 held a ceremony to mark the second Nextracker-dedicated manufacturing line that Unimacts, a Las Vegas-based group, has opened in the past year. The new 160,000-square-foot facility in Sloan, Nevada, south of Las […]

As the solar industry matures, pressure for asset owners to deliver higher returns continues to mount.  Not surprisingly, so has the demand to improve operations and maintenance (O&M) efficiency – the single largest component of a utility-scale solar asset’s post-construction budget. Whether an asset owner performs O&M in-house, outsources to a third-party, or utilizes a […]

Nevada-based utility NV Energy said it plans to add more than 1 GW of capacity from both solar power and battery energy storage to its generation portfolio by the end of 2027. The company, which includes Las Vegas in its service territory and is part of billionaire Warren Buffett’s Berkshire Hathaway conglomerate, unveiled the additional […]

Michigan’s major electric utility said it plans to build one of the nation’s largest standalone battery energy storage projects at the site of a retired coal-fired power plant. Detroit-based DTE Energy on June 10 said it would convert part of the closed Trenton Channel power plant into a 220-MW energy storage facility. DTE retired Trenton […]

Global communities increasingly turn to distributed energy resources (DERs) to boost their local economies and enhance energy resilience. Generating and managing power locally cuts energy costs and fosters sustainable development. Recent successes in various cities and towns showcase how DERs can drive significant economic growth. As a result, it has become a viable strategy for […]

A new report from two leading energy industry groups said a record 11 GW of new solar power module manufacturing capacity entered service during the first three months of this year, representing the largest quarter of solar manufacturing growth in U.S. history. The Solar Energy Industries Association (SEIA) and Wood Mackenzie in their U.S. Solar […]

The state-owned Power Construction Corp. of China has brought a 5-GW solar power plant into commercial operation, with the project taking over as the world’s largest operating photovoltaic (PV) facility. The solar park, which entered service on June 3, is located in a desert area of the northwestern China province of Xinjiang, near the provincial […]