Solar

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules on the issue on April 26. The Inflation Reduction Act (IRA) passed in 2022 created two new credit delivery mechanisms—so-called elective pay or direct pay, […]

The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The measures—many announced as part of a comprehensive Earth Week agenda on April 25—are notable for their strategic push in an election year, highlighting the administration’s […]

BW Solar, a Canada-based a developer of community solar, distributed generation, utility solar, and utility-scale storage assets, said it has sold 12 New York community solar projects with a combined capacity of 76.7 MW to Catalyze, a clean energy transition company that finances, builds, owns and operates solar and battery storage systems. The groups on […]

There are several obstacles to overcome when building a clean-energy project, but perhaps the biggest is getting through the generator interconnection queue (GIQ). Every regional transmission organization (RTO) and independent system operator (ISO) in the U.S. has a significant backlog in its GIQ and processing interconnection requests can take years to complete. This has created […]

An energy storage division of a global solar power provider announced it has signed a letter of intent to supply equipment for several energy parks being developed by a UK-based renewable energy company. Trina Storage, part of China-headquartered Trina Solar, on April 19 said it would partner with London-based Pacific Green on several projects, and […]

It was 1839 when prominent French physicist Edmond Becquerel observed that some materials have the ability to create electrical charges. Now, 185 years later, solar has come a long way and will continue to hit new milestones. The International Energy Agency has projected that the growth of renewable energy capacity will be raised by almost […]

In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]

Nearly 200 solar and storage companies sent a letter to congressional leaders on April 17 calling for legislation to improve permitting, project siting, transmission, and public lands access for solar and solar plus storage projects. Market forecasts show that a range of policy and economic outcomes will determine the volume of solar deployment over the […]

Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they remain vigilant, monitoring for any unexpected shifts in power generation or demand that could test the power system’s resilience. The much-anticipated solar eclipse will begin […]