NextEra Energy Resources has revealed plans to add as much as 30GW of renewables to its portfolio by the end of 2024, as it continues to build its extensive backlog of projects.
Having deemed yesterday “Climate Wednesday”, US President Joe Biden signed a raft of Executive Orders designed to ratchet up the US’ efforts to combat climate change and accelerate the growth of its domestic renewables sector.
Lightsource BP has closed a US$380 million financing package for two Texan solar projects with a combined capacity of 316MW.
A round-up of the latest news from the US solar market, including updates from NovaSource, SEIA, Borrego and Primergy.
Residential solar loan provider to list on New York Stock Exchange in deal valued at US$1.3 billion.
The US clean energy industry ended last year with the fewest number of workers since 2015, as impacts of the coronavirus pandemic mean 12% of the sector’s workforce is unemployed.
Barriers to financing for energy storage could hold back the growth of solar in the US, while an Investment Tax Credit (ITC) for standalone energy storage should be introduced, the audience heard as our publisher Solar Media hosted the Solar and Storage Finance USA event last week.
The US renewables industry must double down on efforts to overcome energy storage financing issues so the technology can help supplement the country’s PV ramp up, it was suggested at a Solar & Storage Finance USA event.
The importance of software for the bankability of a project is growing, as the opportunities for energy storage around the United States continues to expand.
US policymakers should explore the possibility of scrapping the investment tax credit (ITC) for solar PV and instead offer fiscal support for battery storage systems, an energy finance executive has said.