March 2023 | Page 18 of 25 | San Diego's Top Solar Company

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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Volatile electricity markets should give solar financial modelers pause

Finance / By Staff

While electricity pricing continues to rise due to natural gas pricing in 2022, some locations are starting to see pricing fall, implying that base electricity pricing and escalators in financial models may be out of touch with reality. March 9, 2023 As we learned in 2022, the price of natural gas in Germany is a …

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50 states of solar incentives: Iowa

Installation / By Staff

Iowa has made headway in its adoption of solar since 2020 when its utility-scale market took off. Wind energy continues to dominate the generation mix in the state. March 9, 2023 In Iowa, through the end of 2022 the Solar Energy Industries Association (SEIA) reports 658 MW of installed solar capacity to date. This is …

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

Policy / By Staff

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 …

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

Finance / By Staff

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 …

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

Industry / By Staff

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 …

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Policy-driven supply constraints cause steep drop in solar installations in 2022

Projects / By Staff

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

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CPUC To Hold Workshop on Reliability Concerns

News / By Staff

The California Public Utilities Commission (CPUC) will hold a virtual workshop to discuss newly emergent concerns with electrical system reliability, focusing on utility fast trip programs, as follows: WHEN: March 17, 2023, 9 a.m. – 2 p.m. WHERE: This is a virtual only event. Access the workshop virtually via WebEx or phone, as follows: WebEx …

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SEIA publishes guidelines for building less import-reliant solar supply chain

Industry / By Staff

The Solar Energy Industries Association (SEIA) issued a white paper with the goal to establish a stronger domestic solar supply chain in the United States and reduce reliance on global imports, particularly from China. The paper, “American Solar and Storage Manufacturing Renaissance: Managing the Transition Away from China,” outlines a plan for reducing imports at …

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Guzman Energy secures PPA with Sonnedix for new 110 MW solar project in Colorado

Projects / By Staff

Guzman Energy and Sonnedix have executed a power purchase agreement (PPA) for the 110 MW Sonnedix Solar Fountain project in El Paso County, Colorado. The solar power generation site is planned for development and is expected to be operational in early 2025. When complete, the solar photovoltaic (PV) plant is expected to generate approximately 312,670 …

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Month: March 2023