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1 month ago | 
reutersevents.com | Robin Sayles
US installs record 50 GW of solar in 2024The U.S. installed a record 50 GW of solar capacity in 2024, representing the largest addition of any power generation technology in over two decades, the Solar Energy Industries Association (SEIA) and Wood Mackenzie said in their latest quarterly market report. Texas was the largest market, installing 11.6 GW and 21 states set new annual installation records, the report said.
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2 months ago | 
reutersevents.com | Robin Sayles
Pro-nuclear energy secretary backs rapid reactor deploymentThe U.S. Senate on February 3 confirmed Chris Wright, a fossil-fuel executive who has expressed strong support for nuclear energy, as energy secretary. Wright said that a “nuclear renaissance" will take place during the second administration of President Donald Trump, who took office on Jan. 20, to help meet a surge in global energy demand.
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Dec 3, 2024 | 
reutersevents.com | Robin Sayles
US sets anti-dumping tariffs on Southeast AsiaU.S. trade officials on November 29 set preliminary tariffs on solar cells from the four main export countries in Southeast Asia following complaints by American manufacturers that suppliers were flooding the market with unfairly cheap products. China dominates global solar supply and U.S. tariffs on Chinese companies prompted many suppliers to shift operations to the four Southeast Asian countries of Vietnam, Cambodia, Thailand and Malaysia.
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Nov 13, 2024 | 
reutersevents.com | Robin Sayles
Trump unlikely to hold back soaring solar marketThe re-election of Donald Trump as U.S. President on November 6 is unlikely to dramatically impact U.S. solar deployment but the Republican's tenure of the White House will see greater priority given to oil and gas production.
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Oct 30, 2024 | 
reutersevents.com | Robin Sayles
North American solar boosted by falling costsThe levelised cost of energy (LCOE) from renewable energy in North America has fallen by 4.6% this year, "underpinned by a 4.2% drop in capital costs," research group Wood Mackenzie said in a new report. Solar and wind are leading cost reductions in clean power technologies, Wood Mackenzie said.
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Oct 15, 2024 | 
reutersevents.com | Robin Sayles
US allocates $1.5 billion to four new transmission linesThe U.S. government has allocated $1.5 billion to four grid expansion projects in the Southwest, Southeast and New England that will reduce congestion and support new clean power installations. The allocation forms the second round of funding under the Transmission Facilitation Program (TRP), part of the 2021 Bipartisan Infrastructure Law.
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Oct 2, 2024 | 
reutersevents.com | Robin Sayles
US sets out duties on solar imports from Southeast AsiaThe U.S. Commerce Department has set out preliminary anti-subsidy countervailing duties on solar cells imported from companies in Vietnam, Cambodia, Malaysia and Thailand that were lower than some expected for several major Chinese producers.
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Sep 18, 2024 | 
reutersevents.com | Robin Sayles
US installs record 9.4 GW solar in Q2 as utility-scale soarsThe U.S. installed a record 9.4 GW of solar capacity in the second quarter of 2024 due to continuing growth in utility-scale installations, Wood Mackenzie and the Solar Energy Industries Association (SEIA) said in their latest quarterly market report. Solar installations in April-June rose by 29% on a year ago as utility-scale installations surged 59% to 7.6 GW.
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Sep 4, 2024 | 
reutersevents.com | Robin Sayles
Trump would axe Biden clean power rules, accelerate plant approvalsDonald Trump would rescind many of President Joe Biden's clean energy rules if he wins the Presidential election against Kamala Harris on November 5, the Republican's presidential campaign said on August 29, Reuters reported. Should he win the election, Trump would scrap regulations that aim to slash carbon emissions from power plants and vehicles, introduced under the Biden administration.
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Aug 21, 2024 | 
reutersevents.com | Robin Sayles
US solar manufacturers call for retroactive tariffs on Vietnam, ThailandA group of U.S. solar module manufacturers has asked the Department of Commerce to impose retroactive tariffs on panels made in Vietnam and Thailand following a surge in imports. The Commerce Department is investigating whether cells and modules made in factories in Vietnam, Thailand, Malaysia and Cambodia were sold in the U.S. at excessively low prices while benefiting from subsidies from China.
