Tag: utility-scale
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Raptor Maps finds $4.6 billion annual revenue loss in Global Solar Report
A new report from Raptor Maps has data that starkly showcases the underperformance of solar assets. The sixth edition of the Global Solar Report finds that global revenue loss due to equipment-driven underperformance last year reached $4.6 billion. In addition, the report showed power loss due to equipment anomalies on solar farms rose from 3.13%……
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Longroad energy closes financing for Arizona solar + storage project | Solar Financing Spotlight
In this installment of the Solar Financing Spotlight, we look at Longroad Energy’s newest solar + storage project in Arizona, while Sol Systems and Box Power secure financing and Standard Solar acquires a new portfolio. Longroad Energy announced the financial close of Serrano, its 220 MWdc solar and 214 MWac / 855 MWh storage……
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Inventory insight: 7 keys for solar companies crafting logistics RFPs
Between the rapid acceleration in demand and stubborn supply chain snarls, the solar industry is facing unprecedented challenges in delivering its products to its end customers. The gaps between solar equipment manufacturers and project developers and contractors have always been high – and now they sometimes seem insurmountable. To help bridge these gaps, solar companies……
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Feds release final rules on direct pay provisions in IRA
The U.S. Department of the Treasury and the Internal Revenue Service have released final rules on the direct pay provisions included in the Inflation Reduction Act (IRA). The tax credits are part of the Biden-Harris administration’s “Investing in America” agenda to help build projects more quickly and affordably. The IRA created two new credit delivery……
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U.S. clean energy installations set a new record in 2023
Clean energy installations in the United States set a new record in 2023. The American Clean Power Association (ACP) released its Clean Power Annual Market Report today, highlighting a landmark year for U.S. clean energy with the addition of 33.8 GW of new utility-scale clean energy projects, surpassing by 12.5% the previous annual installation record set in……