Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg Updated On Thu, Dec 24th, 2020 by Saurenergy The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […] Read more
US Market On Course For 19 GW Solar Additions in 2020 Updated On Wed, Dec 16th, 2020 by Saurenergy A report brought out by Wood Mackenzie (Woodmac), a research firm, and the Solar Energy Industries Association (SEIA) in the US states that the country is on course for adding 19 GW of solar during 2020. That would be a creditable achievement, considering the worst of the Covid pandemic still continues to run through the […] Read more
U.S. Off-Site Solar Installations Gather Pace Despite Pandemic Updated On Tue, Oct 13th, 2020 by Saurenergy A rapid growth in the U.S. off-site corporate solar projects are set to accelerate further with the covid-19 pandemic taking a large toll on onsite installations, according to a Solar Energy Industries Association (SEIA) report. Over the next three years, nearly 60% of all corporate capacity installed is expected to be off site. Since 2015, nearly […] Read more
U.S. Commercial Solar Installations Reach Second-Highest Level In 2019 Updated On Tue, Oct 13th, 2020 by Saurenergy U.S. commercial solar installations reached the second-largest year ever during 2019, rising by 10% year-on-year to 1,286 Mega Watts (MW), according to a report from the Solar Energy Industries Association (SEIA), an industry body of US solar players. The report claims that around half of all the solar corporate solar capacity that has been installed […] Read more
Utility-Scale Solar Capacity net Additions in US to Rise 10% Yearly to 2024: Report Updated On Wed, Sep 30th, 2020 by Saurenergy Utility-scale solar generating capacity net additions in the US are forecast to see compound annual growth of 10 percent in terms of watts through 2024. Utility-scale solar photovoltaic (PV) generating capacity net additions in the US are forecast to see compound annual growth of 10% in terms of watts through 2024, according to ‘Photovoltaic Solar […] Read more
US Solar Market Installed 3.5 GW of new Solar Capacity in Q2 2020 Updated On Tue, Sep 15th, 2020 by Saurenergy The US solar market installed 3.5 GW of new solar PV capacity in Q2 2020, a drop of 6 percent from Q1 installations, according to a new report. The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6 percent from Q1 installations. At the same time, utility-scale solar remained resilient despite the COVID-19 […] Read more
Trump Administration Lags Obama Record for RE Approvals: CAP Updated On Thu, Jun 25th, 2020 by Saurenergy A new analysis has revealed that the Trump Administration has approved about half as many wind and solar energy projects as the Obama administration had at the same point. A new analysis by the Center for American Progress (CAP) has revealed that the Interior Department of the Trump Administration has approved about half as many wind […] Read more
US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report Updated On Thu, Jun 11th, 2020 by Saurenergy The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […] Read more
Water Scarcity Driving Smarter Solutions in Solar Projects Updated On Wed, Jun 3rd, 2020 by Saurenergy India is a country that is developing rapidly and with this growth comes an increasing demand for water. Although India is well endowed with strong natural river systems, water scarcity is becoming a serious issue in the country. With higher demand for electricity, traditional sources of energy have become a liability not just due to […] Read more