Sunrise brief: Utility-scale solar far less costly than the cheapest fossil fuel source
Also on the rise: Five Puerto Rico reservoirs could host 596 MW of floating solar. Weather-related damage to solar assets exceed modeling expectations by 300%. And more.
Largest ground-mount solar project in downtown Washington D.C. now operational
The community solar installation at The Catholic University of America was built through a collaborative effort between the university and 1,200 local residents.
Cheapest source of fossil fuel generation is double the cost of utility-scale solar
Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
Five Puerto Rico reservoirs could host 596 MW of floating solar
Potential sites for solar in Puerto Rico include reservoirs, brownfields, closed landfills, fossil generating plants after closure, and transmission rights of way, determined analysis by the National Renewable Energy Lab.
Startup launches online platform for residential PV system purchase
Two-year old Monalee developed an online platform for homeowners looking to buy solar PV and storage systems. Its software enables the process from quotes to financing, installation and after-sales support.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
IEA urges countries to accelerate renewables deployment
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.
Freight costs edge toward pandemic levels, hitting solar module costs
Freight costs, which represent around 4% of a solar module’s total costs, are increasing on trade lines between the Far East and the US West Coast, Northern Europe, and Mediterranean region.
Sunrise brief: A new federal transmission rule won’t help renewables projects anytime soon
Also on the rise: The IRA effect on domestic supply chain. Solar carport to provide 100% electricity needs for Los Angeles Six Flags. And more.
Has the Inflation Reduction Act bolstered the U.S. solar supply chain?
Wood Mackenzie is tracking the capacity that manufacturers have announced will come online in the U.S.; however, three challenges remain including a balance of materials, pricing and tariffs.
