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Day: January 25, 2023

Microsoft, Qcells form strategic alliance to improve U.S. solar supply chain

As part of its strategy to build U.S. solar supply chain, manufacturer Qcells has formed a partnership with Microsoft Corp. The companies are looking to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. Owned by Hanwha Solutions headquartered in Seoul, …

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Report: Price increases slow for U.S., European renewables amid rising interest rates and shifting policy

The price of Power Purchase Agreements (PPA) grew at a slower rate in the fourth quarter 2022, as rising interest rates and supply chain constraints continued to impact renewable financing markets, according to Edison Energy’s Q4 Renewables Market Report. Solar PPA prices in the United States grew a modest 4% in Q4, compared to a …

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Falling costs, 15 GW of US solar module production, and TOPCon trends

The Inflation Reduction Act of 2022 contains $370 billion in spending for renewable energy and climate measures. The bill includes over $60 billion for domestic manufacturing across the clean energy supply chain. This historic level of investment is key to achieving American manufacturing independence and clean energy security. A recent report from Wood Mackenzie, Solar: …

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50 states of solar incentives: Illinois

The Illinois solar market was kick-started by the Adjustable Block Program, now called Illinois Shines, a capped program that offers significant solar renewable energy credits. January 25, 2023 Solar in Illinois practically did not exist until 2019, when the Illinois Shines program was introduced, creating richly valued solar renewable energy credits that pay residential and commercial …

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New Mexico law seeks solar on every roof, and an EV charger in every garage

Senator William Soules has filed SB 77, which states that all new homes must have an EV plug, and requires one watt of solar per square foot of heated home space. January 25, 2023 Senator William Soules of New Mexico has submitted SB 77 for consideration with the state’s legislature. The proposed law, which is …

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Sunrise brief: Best practices for playing the solar procurement game

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