GTM Research issued a forecast that finds the U.S. solar market will see a net reduction in installations of around 11 percent as a result of the new tariffs. That translates to a cumulative 61.3 gigawatts of solar deployed over the next five years, for a 7.6-gigawatt reduction in installed solar PV capacity between 2018 and 2022. Read the report here.
Arizona Public Service announces the addition of a 65MW solar plant and 50MW battery system to produce and store solar energy for use during peak evening hours. Developed by First Solar, the solar plant and battery system beat out other bids including conventional renewables, standalone batteries and natural-gas peaking plants. It is scheduled for operation by 2021. Read more about the new joint system here.
GroundWork is pleased to be featured in the North American Clean Energy – January/February 2018 buyers guide.
The ITC released a set of recommendations on the solar trade case that will go to President Trump for final consideration. Two commissioners proposed a 30% tariff ad valorem tariff on imported crystalline silicon PV modules, to decline by 5 percentage points per year over four years. Another commissioner proposed a stricter tariff, while the fourth proposed a more lenient rate. Read the full article here.
GroundWork is pleased to announce the addition of Lord Toliao as Business Development Director! Lord brings over 16 years of experience in sales and management in the renewable energy and electrical power industries to GroundWork. The team is excited for his extensive experience in the industry to contribute to our mission of accelerating the adoption of renewable energy through high quality MET data.
The 2017 World Nuclear Industry Status Report reports a global nuclear power increase of 1.4% in generating capacity additions, as compared to overall solar growth of 30% and wind growth of 16% in 2016. Read the article here.