Solar corporate funding drops to $16.6 billion in H1 High interest rates, an uncertain rate trajectory and timeline, increasing trade barriers, supply chain challenges, concerns about the presidential election’s impact on the sector, and constantly evolving trade policies have created a climate of uncertainty.
First Solar commissions 1.3 million square-foot R&D facility The Jim Nolan Center for Solar Innovation in Lake Township, Ohio includes a high-tech pilot manufacturing line allowing for the production of full-sized prototypes of thin film and tandem PV modules.
Intersect Power closes $837 million in financing for three battery systems in Texas Each project comprises 86 Tesla Megapacks and will provide a capacity of 320 MWh of battery storage with a two-hour duration.
S&P Global launches daily spot market price assessment for solar panels The tool has been billed as the world’s first independent daily spot market price assessment for solar panels. S&P Global says it has been launched to aid transparency in technology pricing as solar modules become increasingly commoditized.
Generac awarded up to $200 million from DOE for solar and storage in Puerto Rico The funds seek to build energy resilience in Puerto Rico, where hurricanes and other extreme weather frequently leave residents without power.
North American solar power purchase agreements rise 3% in Q2 LevelTen Energy released its quarterly PPA Price Index Report, showing an increase in prices following a modest drop in Q1.
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