As contract lengths shorten, U.S. solar developers and investors are relying more and more on sales of power in the spot market as the future.
The 70%-by-2030 renewable energy provision in legislation S6599 is second only to Washington DC’s 100% by 2032 aim, and includes targets of 6 GW of distributed solar by 2025 and 3 GW of energy storage by 2030. It is expected to pass the assembly today.
The combination of solar plus storage is super-charging the deployment of batteries across the country, and IHS Markit says that the United States will become the largest market for grid-tied energy storage this year.
The Hi-MO 4 offers power ratings up to 430 watts, with module efficiencies as high as 19.2%, as the latest high-powered module to hit the floor at Intersolar Europe.
The volume of U.S. electricity generated by renewable energy is set to surpass the level sourced from coal for the first time this month and the trend is expected to continue in May, according to Department of Energy data.
The EV, energy storage and solar company deployed only 47 MW of solar during Q1, as Tesla moves away from traditional sales methods towards web-based sales for its products.
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