lssusa

As distributed energy resources such as residential solar rooftop increase in the next decade, its use for virtual power plants could save US utilities up to US$35 billion, according to a study from consultancy The Brattle Group.

US-based clean energy company Avangrid has signed a memorandum of understanding (MOU) with the Navajo Tribal Utility Authority (NTUA) with a view to developing 1GW of solar, wind and energy storage assets.

US utility Dominion Energy Virginia has received approval from the Virginia State Corporation Commission (SCC) for two dozen of new solar and energy storage projects.

Solar and wind installations in the US could account for between 40% and 62% of total electricity generation by 2030, according to a report from the National Renewable Energy Laboratory (NREL).

US power distribution company Entergy Louisiana has sought approval to add 3GW of solar PV power to its generation mix in Louisiana.

US renewable developer Invenergy has partnered with solar module manufacturer LONGi to build a 5GW module assembly plant in Ohio.

Last week’s collapse of Silicon Valley Bank (SVB) has brought doubts in terms of capital financing for the renewable industry with a big impact on the community solar market as the entity had financed up to 62% of the US community market.

Distributed energy platform Scale Microgrids has acquired over 100MW of community solar projects in New York from Netherlands-based developer Gutami.

The combined effects of the ongoing anti-dumping and countervailing duty (AD/CVD) tariff investigation and the Uyghur Forced Labor Prevention Act (UFLPA) curbed US solar deployments in 2022, according to a joint report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.