The US installed 1,877MW of utility-scale solar during Q3 2022, a 23% drop year-on-year, amidst ongoing policy issues, according to trade body the American Clean Power Association (ACP).
The US market shipped US$9.8 billion of modules in 2021, with the average dollar per watt value continuing to fall, according to the country’s Energy Information Agency (EIA).
New investment in renewables reached a record US$174 billion in H1 2021, with renewable energy companies raising 509% more than H1 2020 and investment in solar projects up 9%, according to the latest Renewable Energy Investment Tracker from BloombergNEF
The amount of renewable energy that came in cheaper than the most competitive fossil fuel option doubled last year, according to new analysis from the International Renewable Energy Agency (IRENA).
Governments should focus on mini-grids as a means to enabling access to reliable electricity for hundreds of millions of people that don’t yet have it and mini-grids using solar and batteries have matured as a technology class, but financing such projects remains problematic, a new report has found.
New projections mark major pivot for the agency, which for years had predicted that natural gas would remain the US' dominant source of electricity over the decades to come.
Decade-long plummeting of renewable costs as nuclear became pricier means new solar and wind are the cheaper, time-efficient ally against climate change, new study says.
