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Day: March 9, 2023

Solar Landscape completes 562-kW rooftop array for New Jersey business

Solar Landscape has energized a 562-kW rooftop solar project at 11 Engelhard Drive in Monroe, New Jersey, for J.G. Petrucci Company. The solar panel system was completed on the rooftop of the 132,000 sq. ft building owned and operated by J.G. Petrucci Company, and will generate enough energy to offset the electric consumption of the …

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Domestic content, energy communities and tax equity among top ACORE Policy themes

Speaking at the ACORE 2023 Policy Forum, three renewable energy executives and an industry banker shared their prognostications for how soon we should expect to see tax credit and equity transferability occur, as well as a wishlist of IRA policy items that they hope to hear guidance on this year. March 9, 2023 Envisioning a …

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PJM projects 48 to 94 GW of renewables will be built in the grid region by 2030

The utility’s projected 5% “completion rate” for projects in its interconnection queue was questioned by executives at the renewables trade group ACORE and the consultancy GridLab. March 9, 2023 The grid operator PJM projects that 48 GW of solar and wind capacity will be added across the 13-state grid region by 2030 in a “low” …

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Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022

U.S. Solar Market Insight 2022 Year in Review reports a drop in solar growth due to anti-circumvention tariffs and UFLPA; however, the long-term forecast sees the U.S. solar industry as a pillar of the energy transition, expecting a 60 to 70 GW annual market toward the end of the outlook. March 9, 2023 The United …

Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022 Read More »

Maxeon posts Q4 2022 revenue beat, increased shipments, stock up 44%

Maxeon module shipments of 734 MW were above ROTH MKM Partners’ estimate of 699 MW, and a 27.2% improvement over 577 MW shipped in Q4 2021. March 9, 2023 Solar module manufacturer Maxeon Solar Technologies posted Q4 2022 earnings with strong revenue generation of $324 million, slightly ahead of the market consensus $316 million, and …

Maxeon posts Q4 2022 revenue beat, increased shipments, stock up 44% Read More »

Tariffs, equipment detainments caused U.S. solar market to decrease 16% in 2022

The United States added 20.2 GW of new solar capacity in 2022, a 16% decrease from 2021. This was likely attributed to an investigation into new anti-circumvention tariffs by the U.S. Dept. of Commerce, as well as equipment detainments by Customs and Border Protection under the Uyghur Forced Labor Prevention Act. Credit: Namaste Solar According …

Tariffs, equipment detainments caused U.S. solar market to decrease 16% in 2022 Read More »

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