Tag Archive for: ussolar

US installed solar capacity has grown 34% since the second quarter of 2023, with more than 110,000 MW of projects now operating.

US utility solar market has grown 34% since Q2 2023

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Developers continued to take advantage of the Inflation Reduction Act in the second quarter as they added utility-scale solar projects in the United States at a record pace.

There was 7,369 MW of solar installed in the quarter, a 49% increase from the first quarter, according to data from S&P Global Market Intelligence. U.S. installed solar capacity has grown 34% since the second quarter of 2023, with more than 110,000 MW of projects now operating.

Developers plan to add more than 40,292 MW of solar this year, with 3,727 MW announced, 14,548 MW in early development, 1,473 MW in advanced development and 20,543 MW under construction. There is nearly 233,000 MW additional solar capacity in development in the U.S. through 2028, according to Market Intelligence data.

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Source: Solar Power World

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A report published by the SEIA and Wood Mackenzie highlights how effective the administration has been in advancing solar power in the US.

US solar power booms under Biden

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One of the core areas of focus of the Biden–Harris administration has been growing cleantech — getting more solar power plants build, getting more solar panel factories up and running in the United States, installing more EV chargers, selling more electric cars and trucks, getting offshore wind power going in the country, and much, much more. A report published today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie highlights how effective the administration has been in advancing solar power in the States, and especially solar panel production capacity.

The big headline: solar panel production capacity has almost quadrupled in the last two years, since the passage of the Inflation Reduction Act (IRA) in mid 2022. Solar module production capacity has risen above 31 gigawatts (GW) a year.

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Source: Clean Technica

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The US now has more than 31 GW of solar module manufacturing capacity, almost four times more than before the IRA was passed in 2022.

US solar sector tops 31 GW of module manufacturing in Q2

The US now has more than 31 GW of solar module manufacturing capacity, almost four times more than before the Inflation Reduction Act (IRA) was passed in 2022, according to a report today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

In the second quarter of 2024, the US solar sector installed 9.4 GW DC of power generation capacity, more than in any second quarter so far, the US Solar Market Insight Q3 2024 report showed. A total of 75 GW of solar was added since the IRA was signed into law.

However, the solar industry currently presents many challenges to navigate, said Michelle Davis, head of global solar at Wood Mackenzie and lead author of the report.

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Source: Renewables Now

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Canadian solar panel maker Heliene and India’s solar cell maker Premier Energies are joining forces to build a US solar cell factory.

A much-needed solar cell factory is coming to the US

Canadian solar panel maker Heliene and India’s solar cell maker Premier Energies are joining forces to build a US solar cell factory.

This is great news for the US, as there is currently a shortage of US solar cell manufacturing capacity.

Chiranjeev Saluja, managing director at Premier Energies, said, “This joint venture will leverage the best of both companies’ resources and knowledge to tap the largely unaddressed demand for US cell manufacturing.”

Heliene says the decision to invest jointly in the US solar industry is in direct response to the incentives and tax credits introduced by President Biden’s Inflation Reduction Act (IRA).

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Source: electrek

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The US power landscape is about to be shaken up to the tune of 4.5GW worth of new solar energy generation & storage projects over the next 5yrs

The solar energy gloves finally come flying off

The solar revolution has stalled out in some parts of the US, much to the delight of fossil energy stakeholders. However, anything can happen at any time, and it just has. The US power landscape is about to be shaken up to the tune of 4.5 gigawatts’ worth of new solar energy generation and storage projects over the next five years, and three of the most asleep-at-the-solar-wheel states in the nation stand stand to get jarred awake by the sudden influx of investments in clean power.

3 US States In Need Of A Solar Energy Makeover

The leading energy firms Entergy and NextEra Energy Resources announced the new 4.5-gigawatt collaboration last week, to cover solar energy and storage projects in Arkansas, Louisiana, Mississippi, and Texas, where Entergy is the electricity provider for a total of 3 million customers.

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Source: Clean Technica

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Swift Solar is betting on cells that use perovskite, a material that can improve efficiency — but also has yet to be proven at scale.

Startup plans to build next-generation US solar factory in two years

Startup Swift Solar Inc. wants to build a US factory for manufacturing its futuristic panels in the next two to three years amid government plans to bolster the sector against China’s dominance.

The California-based company aims to produce cells with a material known as perovskite, which can allow panels to capture energy from the sun’s rays more efficiently. Durability, though, remains an issue.

Swift plans to open its first plant with the initial capacity to produce 100 megawatts annually of technology that pairs perovskite with traditional silicon photovoltaic cells. For comparison, the average Chinese plant churns out about 10,000 megawatts per year while US projects tend to be in the 1,000 to 3,000 megawatt range, according to BloombergNEF solar analyst Jenny Chase.

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Source: Bloomberg

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A record-setting 11GW of new solar module manufacturing capacity came online in the USduring Q1 2024, the largest quarter of solar manufacturing growth in American history.

USA solar panel manufacturing capacity soared 71% in Q1 2024

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A record-setting 11 gigawatts (GW) of new solar module manufacturing capacity came online in the United States during Q1 2024, the largest quarter of solar manufacturing growth in American history.

According to the U.S. Solar Market Insight Q2 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, total U.S. solar module manufacturing capacity now exceeds 26 GW annually.

In addition, the industry also installed an impressive 11.8 GW of new solar capacity, bringing total capacity to 200 GW in the United States. The report also contains new data from 2023, showing that the United States added over 40 GW of new solar capacity last year. Wood Mackenzie now projects that the U.S. solar industry will install another 40 GW in 2024.

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Source: Clean Technica

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In March alone, solar accounted for 99.7% of capacity added, marking the seventh month in a row in which it provided more new US electrical generating capacity than any other energy source.

Solar was almost 100% of new electrical capacity added in the US in March

In its latest monthly “Energy Infrastructure Update” report (with data through March 31, 2024), FERC says 52 “units” of solar provided 2,833 MW of new domestic generating capacity in March or 99.72% of the total. The balance consisted of 3 MW each of new biomass and oil capacity plus 1 MW each of new hydropower and natural gas capacity.

For the first quarter of this year, solar accounted for 86.79% (or 6,497-MW) of new generating capacity brought online while wind contributed another 12.40% (928-MW). Natural gas trailed with only 49 MW (0.65%) accompanied by 5 MW of oil, 3 MW of biomass, 3 MW of “other,” and 1 MW of hydropower.

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Source: Solar Power World

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The US has officially exceeded 5M solar installations, marking another milestone just 8yrs after the nation reached 1M installations in 2016.

US surpasses 5 million solar installations

The United States has officially exceeded 5 million solar installations, marking another milestone just eight years after the nation reached one million installations in 2016 — a milestone that took 40 years to achieve following the first grid-connected solar installation in 1973.

According to data released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie today, over half of all U.S. solar installations have come online since the start of 2020 and over 25% have come online since the Inflation Reduction Act became law just 20 months ago. These systems are installed on homes, businesses and in large ground-mounted arrays across the country.

“Solar is scaling by the millions because it consistently delivers on its promise to lower electricity costs, boost community resilience and create economic opportunities,” said SEIA president and CEO Abigail Ross Hopper. “Today 7% of homes in America have solar, and this number will grow to over 15% of U.S. homes by 2030. Solar is quickly becoming the dominant source of electricity on the grid, allowing communities to breathe cleaner air and lead healthier lives.”

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Source: Solar Power World

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Highland Materials president Richard Rast told PV Tech Premium that there is an “opportunity for innovation” in the US manufacturing sector.

Highland Materials’ US silicon production could be ‘game changer’ for US solar

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New entrants into the US polysilicon manufacturing space could be a “game changer” for the US solar sector, Solar Media head of research Finlay Colville told PV Tech Premium this week.

Colville spoke to PV Tech Premium about Highland Materials’ receipt of US$256 million in tax credits to build a polysilicon manufacturing facility in Tennessee, with Highland Materials president Richard Rast noting that there is an “opportunity for innovation” in the US manufacturing sector.

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Source: PV Tech

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