Class action lawsuits have been filed against US domestic solar company SunPower, amidst allegations that company misled investors by failing to disclose that it had inaccurately reported the cost of revenue and inventory metrics.
The Florida Municipal Power Agency (FMPA) along with 20 municipal utilities and solar developer Origis Energy have expanded their municipal solar PV portfolio to 600MW.
A round-up of the latest news from the US market, including Ameren’s progress on a 200MW solar installation acquisition in Missouri, Avantus breaking ground on a PV plant in Texas and EDF Renewables receiving approval for a 300MW solar project.
Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and will surpass coal as the largest source of power capacity worldwide, according to a report from the IEA.
NextEra Energy has announced its new decarbonisation strategy, dubbed Zero Carbon Blueprint, which includes eliminating all scope 1 and 2 emissions from its operations by 2045 without the use of carbon offsets and a massive increase in solar PV to 90GW by 2045.
The decision of US President Joe Biden to waive tariffs on solar imports from Southeast Asia for two years and authorise the US Department of Energy (DOE) to use the Defense Production Act (DPA) to accelerate the production of clean energy technologies, including PV modules and module components, has been broadly welcomed by the US solar sector and industry analysts.
