The new administration asked a federal judge to dismiss a challenge to Trump’s tariffs on imported solar. The Biden administration stood behind Trump’s stance on solar tariffs in a Monday filing with the U.S. Court of International Trade, a move that could harm efforts to challenge those duties from the solar industry’s largest trade group. […]
Scatec hails ‘transformational’ 2020 as renewables pipeline hits record 10.5GW
Scatec said it underwent a “transformational” year in 2020, with its total renewables pipeline now standing at a record high of 10.5GW. Reporting its full-year financial performance, independent power producer Scatec – rebranded from Scatec Solar following the acquisition of hydropower developer SN Power – revealed its total project pipeline, including projects nearing development within its backlog, […]
Spain Tenders 3 Gigawatts of Renewables Under New Pay-as-Bid Model
Solar and onshore wind get 1 gigawatt each while floating offshore wind seeks foothold. Spain has launched a tender for up to 3.18 gigawatts of renewable generation in its first auction under a pay-as-bid model introduced earlier this year. The model, similar to the contracts-for-difference program used in the U.K., aims to correct problems with […]
Fledgling Solar Technology Promising Output Gains Raises $2.5M
SunDensity, a solar photonics startup, says its technology boosts module output by 20 percent. SunDensity, a solar startup promising 20 percent power output gains* due to specially coated glass, raised $2.5 million in initial financing to begin commercializing its product. If commercially successful, the technology could measurably increase the output of solar panels, reducing the […]
How the Coronavirus Pandemic Has Impacted US Solar So Far
Six months in, the pandemic has altered parts of the industry — perhaps permanently. Since the coronavirus pandemic began shutting down cities and states, the U.S. solar industry has had to cope with a new normal. Though it’s only been a few (very, very long) months, solar developers, financiers and installers have pivoted to new […]
What’s at Stake for Clean Energy in the US Election?
How will the election shape the solar, wind, energy storage and utility sectors? GTM’s reporters game it out. The reality is there’s no bad outcome for clean energy in the upcoming election, though the impact on the climate is another story. For clean energy resources — solar, wind and energy storage — the range of […]
Terabase Raises $6M Series A to Lower Cost of Utility-Scale Solar
The startup from SunPower alums tracks 100 different components of large-scale solar development, to squeeze out cost wherever possible. A year after launching, solar software startup Terabase Energy has raised $6 million to keep growing its team and services. The Berkeley-based company emerged when SunPower wound down its project development business. Several former SunPower employees […]
Orsted, the World’s Offshore Wind Giant, Gets Serious About Solar
A company synonymous with offshore wind is building 700 megawatts of U.S. solar plants, signaling the era of the renewable energy “major.” Ørsted, a developer synonymous with offshore wind, will have a novel experience in 2021: All of the new power plants it completes will be onshore, and most will involve solar panels. Since building […]
WoodMac: Biden Loss Would End Hopes of US Decarbonization by 2050
The stakes are every bit as high as the energy industry and climate change activists say they are. The upcoming U.S. presidential election will dictate the pace of decarbonization in the world’s largest economy for decades, according to new research from Wood Mackenzie. Democratic nominee Joe Biden’s $2 trillion climate plan, including a pledge to […]
WoodMac: Large-Scale Solar Holds Cost Edge Despite ITC Stepdown, Coronavirus Impacts
Corporate demand and state mandates are driving utility solar installations, but voluntary procurements based on pure economics continue to dominate. Voluntary procurement of utility solar remains the top driver of U.S. utility PV in development, according to Wood Mackenzie. WoodMac defines voluntary procurement as procurement based solely on the economic competitiveness of renewables against other […]